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Mondelez Q3 profits spike 81 percent

Profits for the third quarter have shot up at Mondelez International bolstered by sales of snack food in emerging markets as well as “power brands” like Oreo, Cadbury, Milka and Trident Gum. Reporting its Q3 results, Mondelez says net revenues increased 2.1 percent, organic net revenue increased 2.8 percent, while operating income margin was 18.1 percent, up 710 basis points.

To read more about Mondelez and their increased sales, please click the link below.

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