date:Aug 09, 2013
ct our top-line growth to accelerate from investments in emerging markets and continued momentum on our global snacking platforms and Power Brands, despite indications of slowing category growth in key markets such as China, Brazil and Russia. On the bottom line, we expect margins to expand through overhead leverage as well as continued aggressive focus on cost reduction efforts.
Operating income in North America was $225 million, unchanged (on an adjusted basis) from $225 million in the second