DEERFIELD, Ill. — Mondelez International surpassed $6.5 million in net sales during this year’s fiscal first quarter, a 3.7% increase in organic net revenue compared to last quarter, company executives said during Mondelez’s first-quarter earnings call April 30.
The company predicts its total organic net revenue will increase 2% to 3% by the end of the year, said Luca Zaramella, CFO of Mondelez, on the call.
"Our strong start to the year demonstrates clear progress against our plans to accelerate volume-led growth by adopting a more consumer-centric and agile mindset,” said Dirk Van de Put, chairman and CEO of Mondelez. "We continue to see solid fundamentals in our categories and key markets, including good momentum in emerging markets. Our progress reinforces our confidence that the investments we are making behind our global and local brands, our sales capabilities and our innovation will deliver sustainable long-term growth and create value for our shareholders.”
Here are three insights from Mondelez’s first-quarter 2019 …