Net revenues for the third quarter were $13.2 billion, up 11.5 percent.

Organic net revenues grew 8.4 percent, driven by strong growth in all geographies.

“Our investments in marketing and new products continue to drive high quality growth and solid market shares. And we’ve accomplished this despite having taken significant price increases to offset record-high input costs,” said Irene Rosenfeld, chairman and CEO.

“Together with substantial savings opportunities, we expect to deliver top-tier results in 2011.”

Gawad Abaza, managing director Kraft Foods Mashreq, said: “Kraft Foods has gone through some very dynamic and exciting changes in recent years, and the results are very positive, not only for us but also for the other developing regions.”

In Egypt, Kraft Foods Egypt focuses on five categories and nine brands — Cadbury Dairy Milk, Flake, Moro, SMS, Tang, Tuc, Trident, Clorets and Halls, three of which — CDM, Tang and Trident — generate globally $1 billion annually, reflecting the continued benefits of focusing on Power Brands, core categories and key markets.

As Gawad pointed out, Kraft has experienced double digit growth across the developing markets region Kraft across the developing markets region, with net revenues increasing to 20.3 percent.

Organic net revenues grew 15.3 percent, driven by favorable pricing and strong volume/mix growth.

All three regions grew double- digits, fueled by aggregate Power Brand growth of around 17 percent.

As a result of the strong results in the third quarter, the company revised its organic revenue guidance for 2011 to at least 6 percent from at least 5 percent and increased its operating EPS guidance to at least $2.27 from at least $2.25.

Kraft Foods markets biscuits, confectionery, beverages, cheese, grocery products and convenient meals in around 170 countries.