date:May 09, 2014
to the write-down of the value of the companys assets in Venezuela.
Overall operating income was identical between the first quarter of 2014 and 2013, both at $843 million.
Elaborating on the North America sales gains, Mondelēz said, North America increased 2.5%, driven by continued strong share performance and mid-single digit growth in biscuits. Growth in the category was balanced between volume/mix and pricing.
The restructuring program, to be carried out between 2014 and 2018, will featu