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general mills _AR07
This document provides a summary of General Mills' 2007 annual report. It discusses growth across General Mills' divisions, with every major operating division posting sales increases. Net sales grew 6% to $12.4 billion and segment operating profits grew 7% to $2.3 billion. The summary also mentions that General Mills sees five key drivers of ongoing growth: product innovation, channel expansion, international expansion, margin expansion, and brand-building investment. General Mills believes these drivers will allow it to meet its long-term growth model targets.
