Lock­down cooks prove boon for Gen­eral Mills

The Daily Telegraph - Business - - Business -

A surge in bak­ing and cook­ing dur­ing lock­down has boosted the for­tunes of Gen­eral Mills, the maker of Chee­rios and Yo­plait. The Min­nesota-based busi­ness re­ported a 31pc in­crease in sales of bak­ing prod­ucts and meals over the quar­ter, with profits ris­ing 23pc to $639m (£500m). It hired new man­u­fac­tur­ers to boost its US ca­pac­ity by about 25pc dur­ing the pan­demic.

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