Kraft Foods Inc
The company, maker of Maxwell House coffee, Oreo cookies and Velveeta cheese, said fourth-quarter net income was $540 million, or 31 cents per share, down from $710 million, or 48 cents per share, a year earlier.
Sales jumped 30 percent to $13.77 billion, due mostly to the acquisition of Cadbury.
Kraft shares closed at $31.11 on the New York Stock Exchange on Thursday, down 0.4 percent.
(Reporting by Martinne Geller; Editing by Steve Orlofsky)