date:May 08, 2013
aster rate.
But Mondelez has stumbled in its first few quarters as an independent company, with sales growth falling short of its own forecast. In the latest quarter, organic sales which exclude the impact of currency exchange rates and acquisitions rose 3.8 percent. The company noted that lower coffee prices dragged down results for the period.
For the three months ended March 31, Mondelez International Inc. earned $568 million, or 32 cents per share. That's compared with $813 million, or 4