MondelĒz international reports q1 2023 results

First quarter highlights net revenues increased +18.1% driven by organic net revenue1 growth of +19.4% with underlying volume/mix of +3.2% diluted eps was $1.52, up 149.2%; adjusted eps1 was $0.89, up +17.3% on a constant currency basis cash provided by operating activities was $1.0 billion, in line with prior year; free cash flow1 was $0.9 billion, down -$0.1 billion versus prior year return of capital to shareholders was $0.9 billion raising both organic net revenue growth outlook to 10%+ and adjusted eps growth outlook to 10%+ chicago, april 27, 2023 (globe newswire) -- mondelĒz international, inc. (nasdaq: mdlz) today reported its first quarter 2023 results. “we delivered a strong start to the year, with double-digit net revenue and profit dollar growth in our first quarter, as we continued to execute against our long-term strategy.
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