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Mondelēz International Reports Q2 Results

Net revenues declined 0.8%, organic net revenue grew 4.6%, adjusted EPS was $0.57, up 9%

Mondelez International reported second-quarter 2019 results with adjusted earnings of 57 cents per share. On a constant-currency basis, adjusted earnings improved nearly 9% year over year, courtesy of operating gains and share repurchases.Net revenues dropped almost 0.8% year over year to $6,062 million due to currency headwinds. On an organic basis, revenues rose 4.6%, thanks to balanced pricing and...

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EFA News - European Food Agency