date:Feb 08, 2014
own largely due to currency devaluations in Brazil and Argentina. Brazilian volumes rose and more than offset declines in Argentina. Operating income in the quarter was $37 million, down 37 percent, or $22 million as a result of higher input costs, and currency devaluations that could not be immediately passed through during the quarter. Approximately three-quarters of the operating income decline was attributable to Argentina.
For full year 2013, sales were down largely due to currency deval