Two of the leading global food and beverage companies reported their 2010 financial results in the first two weeks of February. Both Unilever and Kraft Foods reported strong growth in their net sales, but profit margins remained largely flat, impacted by a number of factors.

The increase in input costs, the still weak economies in core developed markets and tough competition in terms of pricing, particularly from private label products, were the main issues impacting most industry players.

Read more from Ildikó Szalai's posting in Euromonitor Global Market Research Blog from this link...