Mondelez International Posts Q3 2012 Results and Confirms 2013 Guidance
As we expected, our top-line growth this quarter was modest," said Irene Rosenfeld, Chairman and CEO. "This reflected the lapping of our exceptional performance in the third quarter last year and a lower contribution from pricing. We also had some short-term executional missteps in a few key countries, but these issues should be largely resolved by the end of the year. Growth in our core categories continues to be robust. And we remain confident in our ability to deliver our 2013 and long-term targets."