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The Economic Times
The Economic Times

Oreo maker Mondelez beats second-quarter estimates on steady demand

Cadbury parent ​Mondelez International beat Wall Street estimates for second-quarter ​revenue and profit on Tuesday, helped by steady demand for biscuits and chocolates in key markets, as well as higher pricing.

Its shares rose nearly 2% in ‌extended trading, ⁠after ⁠the company also raised its annual organic revenue growth forecast.

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