Second-quarter net sales of $2.99 billion increased 9 percent
from last year. Excluding consolidated sales from the company's
2002 acquisitions -- Polar S.A. of Poland and Vitromatic S.A. de
C.V. of Mexico -- and currency translations, net sales increased
2 percent.
David R. Whitwam
Chairman and chief executive officer
"This performance reflects the solid contributions from our
global businesses and brands, including the introductions of
innovative new products worldwide. The results also demonstrate
the positive impact from continuous improvements in
productivity, and from actions we are taking to align the
company's cost structure with current economic and industry
conditions."
