Cadbury-parent Mondelez posts jump in quarterly sales

(Reuters) – Mondelez International posted a rise in fourth-quarter sales on Tuesday, helped by resilient demand over the holiday season for the Cadbury parent’s chocolates and salty crackers.

The company’s net revenue rose 7.1% to about $9.31 billion in the quarter ended Dec.

31 from $8.70 billion a year earlier, meeting analysts’ average estimate, according to LSEG data.

(Reporting by Savyata Mishra in Bengaluru; Editing by Krishna Chandra Eluri)

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