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| | just-food.com: Food news, market research and industry comment |
 | | The USâs largest food company Kraft Foods yesterday (24 July) reported second quarter net earnings of US$682m, an increase of 44.5% over last year, while diluted earnings per share were $0.41, up 46.4%. |
 | | However, when the impact of asset impairment, exit, and implementation costs, gains from the sale of businesses and earnings from discontinued operations are factored out, net earnings for the quarter grew 7% and EPS increased 8.5% to $0.51. |
 | | The growing importance of functional foods can be attributed to the changing trends in consumer diets towards healthier foods, such as soy-based products, low-fat meals and vitamin-enriched energy bars. |
| www.just-food.com /article.aspx?art=60751&type=1 (546 words) |
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