date:Aug 09, 2013
to accelerate in the second half of the year as Mondelēz leverages volume/mix, market shares and first-half growth investments, and as the headwinds from coffee pricing and capacity constraints begin to subside.
We continue to expect to deliver organic net revenue growth at the low-end of our long-term target range of 5% to 7%, despite indications in some key markets of slowing category growth, Mr. Brearton said. Margins are also expected to improve in the second half, due to increased leverag