date:Feb 08, 2014
Kenya and a change to its distribution model in that country. Absent that impact, sales would have been up about 8 percent.
- Operating income was $74 million, down $5 million, a decrease of 6 percent.
2014 EPS is expected to be in a range of $5.35 to $5.75 compared to $5.05 in 2013. The guidance anticipates ongoing cost pressures and currency headwinds in Argentina; a challenging environment as sugar prices remain low; and, an effective tax rate of 27 - 28 percent. All four regions are exp