Kraft boosts profits 5% in Q2, reaffirms outlook
date:Aug 04, 2012
t quarter this year, which affected Q2 chocolate sales.

The company also reiterated its full-year outlook, which predicted organic net revenue growth of about 5% and operating earnings per share growth of at least 9% on a constant currency basis.

Split timing

The company also announced that it intends to split into two separate companies on October 1, after which date its global snacks group will take on the name Mondelez International and trade on NASDAQ as MDLZ, while the North American gro
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