Israeli food maker Strauss profit down on lower coffee sales
date:Aug 21, 2014
coffee in central and eastern Europe and Brazil. It is the second-largest company in the Israeli food and beverage market.

Coffee sales fell 8.5 percent, led by a 9.6 percent drop in international coffee sales.

Sales at its international dips and spreads joint venture Sabra, which is half owned by PepsiCo, gained 7 percent. Sales in Israel slipped 1.8 percent.

Strauss is contending with economic challenges in eastern European markets, notably Russian and Ukraine, while posting continued growt
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