Mondelez highlights improved margins for first quarter

Mondelez, the owner of snack brands such as Cadbury, Oreo, Milka and Toblerone, has reported improved margins for the first quarter. However, the company also reported a dip in revenue.

“We find that when things are difficult, people reach for a chocolate bar.”

Irene Rosenfeld, chief executive, Mondelez, speaking to the Wall ...