date:Feb 19, 2014
said the company has not spoken to Jana Partners, a hedge fund known to push for corporate change, which revealed on February 14 that it held 4.6 million shares in the company.
Mondelez on Tuesday repeated its forecast for improving operating margin to a range of 14 percent to 16 percent by 2016, up from 12 percent last year.
Executives said supply chain improvement would be the main driver of the company's margin improvement and that it had already downsized, closed or sold 30 plants to date.