Convenience Food Producer Mani Reports Strong Sales

Dubai-based health snacks producer Mani & Co has reported a 40% year-on-year (y-o-y) increase sales increase for 2009 as demand for healthy convenience food continued to increase despite the economic downturn. Calling on a longstanding operating presence of more than 100 years in the wider Middle East region, Mani's increased focus on the high income Gulf region means it is well placed to take advantage of sharp demand growth for convenience foods driven by rising health consciousness, in our view.

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