date:Aug 08, 2012
th the progress we are making to stabilise the business, re-focus the portfolio and invest in our future growth.
Our strategy of focusing on our power brands is starting to gain traction. Power brand sales were up 2% and sales of grocery power brands increased by a healthy 4.9%, reflecting consistent improvement in market shares. Trading profit increased 3.2%, in line with our expectations.
Clarke added:Plans to simplify the business and drive further efficiency and effectiveness are proceedin