Snack manufacturer Mondelez sees a slight decline in Europe

Mondelez International, the manufacturer of snack brands such as Oreo and Milka, is experiencing strong growth in emerging markets but faces a challenging environment in its largest market, Europe, where the trend is nonetheless positive.

K-shaped growth in the U.S.

Mondelez’s quarterly revenue rose 4.1% to $9.36 billion (€8.21 billion), exceeding analysts’ expectations. Organic growth was 2.2%, with 1.5% coming from price increases and 0.7% from volume growth.