date:Sep 10, 2012
s currencies against the US dollar will result in a 15 cents per share hit to earnings next year.
As a result, Mondelez is expected to earn $1.50 to $1.55 per share in 2013, with organic sales targeted at the lower end of the range.
In the first six months we are on track to meet [our] guidance, Kraft CFO David Brearton told analysts at the Barclay's Back to School Conference in Boston yesterday.
Currency headwinds, however, are a significant factor this year. Through the first half the curre