Friday, August 04, 2017

Mondelez Registers 7.3% high Profit

The Mondelez presented in the second quarter of the year net profit of $ $498 million-high 7.3% compared with the same period in 2016. The gain per share of $ $0.48 exceeded the designed by analysts ($ $0.46). The net revenue shrank 5 percent in the second quarter, to $ $5.99 billion, caused by a cyber attack that blocked the sending of billing period. Manufacturer sales costs increased 3.3% in the quarter, to $ $3.66 billion. Gross margin fell from 39.9% to 38.8% compared to the previous year. The Mondelez kept your projection of net revenue growth of at least 1% in 2017 and an advancement of the earnings per share in a two-digit year.
Giro News – 4/08/17
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