Mondelez (MDLZ) Tops Q1 EPS by 4c
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Mondelēz International Reports Q1 Results
April 30, 2019 4:06 PM EDTNet revenues declined 3.4% driven by unfavorable currency impacts; Organic Net Revenue1 grew 3.7%, with balanced volume/mix and pricingDiluted EPS was $0.63, down 10%, driven by prior year mark-to-market gains from derivatives and unfavorable currency impacts; Adjusted EPS1 was $0.65, up 13% on a constant-currency basis driven by operating gains, share repurchases and lower taxesCash provided by operating activities was $465 million; Free Cash Flow1 was $200 millionReturn of capital to shareholders was $1 billion
DEERFIELD, Ill., April 30, 2019 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (NASDAQ: MDLZ) today... More
