Finance

In 1999, underlying revenues were U.S. $9.1 billion for the international food segment of Philip Morris Companies, with underlying operating companies income of U.S. $1.1 billion. Kraft Foods International's operating margin increased for the third year in a row, reaching 12.3%, our company's best performance ever. Our impressive results were driven by volume growth in all our coffee, cheese and grocery categories.

Through innovation and acquisitions, Kraft Foods International has nearly tripled revenue in the past ten years. And, we have only just begun.

For more information, click above for "Philip Morris Companies Inc. Investor Relations".