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Essay Details:
Essay text:
Operating
profit at current rates of exchange was 92% higher than in 2004,
including a favourable impact from currency movements of 8.3%.
The underlying performance of the business after eliminating
these exchange translation effects and the impact of disposals is
discussed below at constant exchange rates.
Underlying sales grew by 4%, all coming from volume gains,
broadly based across the region, underpinned by a successful
innovation programme.
Consumer demand in the US showed a sustained recovery. Our
sales in the US grew by 3.2%, accelerating through the year, and
we gained market share in aggregate...
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