This extract describes Kerry Foods, an Irish company producing a range of foodstuffs.

The best performance came from the food ingredients division, which made a profit of A257m, up 17.5%, with acquired businesses contributing A23m. The chilled convenience foods division raised profit 2% from A113.9m to A116m. However, the company, which for the first time disclosed operating margins for its divisions, said the consumer foods business, which includes the Wall’s sausage brand and Cheestrings snacks, achieved margins of 7%, which it said would have been better but for adverse currency effects.

Discussion points 1 How does a company identify divisions for its business?
2 What are the measures used in the newspaper article to compare divisional performance?