This content is not available in your region

Mondelez quarterly sales slip 2.8 percent

Mondelez quarterly sales slip 2.8 percent
FILE PHOTO: The logo of Mondelez International is seen on an office building in the Glattpark district in Opfikon, Switzerland October 2, 2018. REUTERS/Arnd Wiegmann/File Photo   -   Copyright  Arnd Wiegmann(Reuters)
Text size Aa Aa

(Reuters) – Oreo cookies maker Mondelez on Wednesday reported a 2.8 percent fall in quarterly revenue due to weakness at its international business that covers Europe and Latin America.

Net revenue fell to $6.77 billion (£5.18 billion) in the fourth quarter ended Dec. 31, Mondelez said.

Net earnings attributable to the company rose to $823 million or 56 cents per share, from $695 million or 46 cents per share a year earlier.

(Reporting by Nivedita Balu in Bengaluru; Editing by Sai Sachin Ravikumar)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.