Mondelez Int'l (MDLZ) Tops Q1 EPS by 3c
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Mondelēz International Reports Q1 Results
May 2, 2017 4:00 PM EDTOperating income margin was 13.1%, up 190 basis points; Adjusted Operating Income1 margin was 16.8%, up 90 basis pointsDiluted EPS was $0.41, up 17%; Adjusted EPS1 was $0.53, up 6% on a constant-currency basisNet revenues decreased 0.6%; Organic Net Revenue1 grew 0.6%Returned approximately $800 million in capital to shareholders
DEERFIELD, Ill., May 02, 2017 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (NASDAQ: MDLZ) today reported its first quarter 2017 results.
We had a solid start to the year despite challenging market conditions, said Irene Rosenfeld, Chairman and CEO. We delivered both top-line organic growth and strong margin expansion in the... More
