Mondelez met Q1 revenue expectations at $9.31 billion, flat YoY. Non-GAAP EPS was $0.74, beating estimates by 12.2%. Adjusted EBITDA missed by 34.7%, with operating margins at 7.3%. Organic revenue rose 3.1%, but sales volumes fell 3.5%. CEO Dirk Van de Put highlighted strong execution amid cocoa cost inflation.
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