date:Jul 29, 2022
Snacking giant Mondelēz has reported an increase in net revenues of more than 9.5% for its second-quarter, driven by organic net revenue growth of at least 13.1%. The companys chocolate and biscuit businesses continue to demonstrate strong volume growth and pricing resilience across both developed and emerging markets.
Year-to-date cash provided by operating activities was US$2 billion, an increase of US$200 million compared with 2021. Free cash flow is calculated as US$1.6 billion. The compan