date:Jul 30, 2013
from $497.1 million in the same period of the prior year. In the first half of 2013, as compared to the prior-year period, higher sales and improved gross margins were offset by higher demand-generation investments, transaction gains related to foreign exchange seen in the prior year, and higher pension settlement expense.
We expect to deliver constant-dollar sales growth of about eight percent from core operations, Jakobsen said. We anticipate growth across our global portfolio will offset an