Mondelez highlights improved margins for first quarter

Company also reported a dip in revenue

1st May, 2016
4
Dairy Milk, one of the Mondelez stable of brands

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 Street Journal

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