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Heard during Kellogg's presentation at CAGNY

  • Execs with Kellogg (K) talked about the "New Kellogg" during a presentation at the Consumer Analyst Group of New York conference.
  • One of the company's primary areas of focus will continue to be supply chain efficiency as it tips off potential plant closures and capacity reductions.
  • Cost savings will be funneled back into the breakfast and frozen foods categories.
  • Kellogg will look at acquisitions and new joint ventures in emerging markets.
  • The full-year 2014 outlook is for net sales growth of 1% and internal operating profit rising flat to 2%.
  • Presentation webcast
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