date:Sep 10, 2012
ncy impact was only negative 2 cents per share. But if average rates in August hold for the balance of the year, we estimate that the negative impact for the full year will accelerate.
During the call, however, CEO Irene Rosenfeld, who will lead Mondelez, outlined the growth opportunities the snacks business offered.
Out of the gate, Rosenfeld said Mondelez will have around US$36m in revenue, with about three quarters of its sales coming from fast growing snacks categories - biscuits, chocolat