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Chicago Tribune
Chicago Tribune
Business
Jessica Wohl

BRIEF: Mondelez still eyeing higher costs after mixed fourth-quarter results

Feb. 11--Mondelez International's fourth-quarter results were a mixed bag.

Adjusted earnings came in stronger than analysts had anticipated while sales fell more than expected. The Deerfield-based maker of Oreo cookies and Cadbury chocolate has been cutting costs, which helped boost profitability. Weak demand for some of its products and the impact of currency fluctuations are taking big bites out of its results.

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