General Mills says top priority for FY15 is to accelerate topline growth Says second priority is to return yogurt to growth in the U.S. Sees $4B of cumulative savings from 2010-2020. Sees another year of growth for cereal business in FY15.
General Mills sees FY15 operating cash flow higher than FY14 Sees FY15 adjusted gross margin higher than FY14, sees SG&A expense flat to lower than FY14. Sees FY input cost inflation 3%, says starting the year 40% covered for FY15. Sees supply chain savings from HMM program to exceed $400M in 2015. Sees FY15 return on average total capital higher than FY14. Comments from slides that will be presented at the company's FY15 Investor Day at New York Stock Exchange.