As expected, (there was) some confusion about the impact of IFRS changes but the underlying result was solid given the impact from negative currency and higher commodity prices. |
I think football is a positive aspect for Cam's life; I think it would be a positive move for him. |
I want to see another city. Better than DC. It?s a true edge city. |
The figures were a touch above consensus. |
The result was clearly better than expected. The main driver is Asia while organic growth of almost 8 percent in soluble coffee is impressive for what some regard as a mature category. |
The standard of beyond reasonable doubt is very difficult to achieve. |
Watch data for February, although strong in the premium segment, was weak in the middle and even up into parts of the luxury segment. |
We tend to view small bolt-on acquisitions in niche segments or regions as positive with ice cream part of the trading-up-to-premium-brands phenomena we are seeing in other food categories such as coffee and chocolate. |