The company intends to optimize its portfolio, strengthen the balance sheet and deliver sustainable longterm value to shareholders.
The company plans wider distribution and stronger marketing as it works to grow beyond its core regions.
The investment will support capacity growth in Morocco and push expansion across Sub-Saharan Africa.
The Saudi-based miller records strong gains in profit and revenue, supported by higher flour demand and cost control.
Despite significant headwinds from divestitures and strategic reinvestments, General Mills reaffirmed its full-year fiscal 2026 outlook, signaling confidence in a volume-driven recovery in the final quarter.