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Mondelez International: confirms guidance at key NYC event

(CercleFinance.com) - US snack giant Mondelez International on Tuesday reaffirmed its guidance for FY 2018 at the not-to-be-missed Consumer Analyst Group of New York (CAGNY) conference.

During its presentation, the company said it still aimed at organic net revenue growth of between 1% and 2% this year, with double-digit adjusted EPS growth on a constant-currency basis.

At the conference, the group also highlighted its priorities for the year, including completing a comprehensive strategic business review designed to deliver "sustainable shareholder value" over the next few years.

However, the stock was not moving much after the announcements, down 0.3% at under 44 dollars.

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