Prepared Foods

Executional missteps: Brazil and Russia hurt Mondelez in Q3

Mondelēz takes tumble in developing markets

By Oliver Nieburg

Mondelēz International was weighed down by operational issues in Brazil and Russia in the third quarter (Q3) which harmed overall performance in its first results since it split from Kraft Foods in October.

Nestlé 9-month sales up 11%

Emerging markets continue to drive Nestlé sales

By Oliver Nieburg

Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.

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