Mondelez International: growth of revenue and income

Mondelez International, Inc. reported its third quarter 2017 results. Net revenues increased 2.1% to USD 6.53 bn. Organic net revenue increased 2.8%.
According to the company, operating income margin was 18.1%, up 710 basis points. Operating income in the third quarter was USD 1.18 bn (+ 68.2%). The US-company achieved a significant revenue growth in Europe (+ 4.7%) and Latin America (+ 4.6%).

"We're pleased with our improving revenue growth, driven by the strength of our Power Brands, continued momentum in emerging markets and Europe," said Irene Rosenfeld, Chairman and CEO. "We posted another quarter of strong expansion in operating income margin and earnings. We're making good progress on many of our key strategic initiatives and remain confident in our ability to deliver long-term, sustainable growth on both the top and bottom lines."

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