Mondelez Int'l (MDLZ) Misses Q4 EPS by 2c; Announces Venezuela Accounting Change
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Mondelez International Reports 2015 Results and Provides 2016 Outlook and 2018 Margin Target
February 3, 2016 8:03 AM ESTDEERFIELD, Ill., Feb. 03, 2016 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (NASDAQ: MDLZ) today reported its fourth quarter and full year 2015 results, reflecting strong Adjusted Operating Income1 margin expansion and solid Organic Net Revenue1 growth, resulting in double-digit Adjusted EPS1 growth on a constant-currency basis.
In 2015, we delivered another year of very strong results despite the highly volatile macroeconomic environment, said Irene Rosenfeld, Chairman and CEO.  Our aggressive cost-savings programs drove significant margin expansion. In addition, we increased our marketing investments, enabling us to steadily accelerate organic revenue growth and improve our share performance as the year... More
