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Mondelez backs FY24 adjusted EPS view up high single digits

Consensus $3.48. The company said, “For 2024, the company expects Organic Net Revenue growth to be at the upper end of 3 to 5 percent and high single-digit Adjusted EPS growth on a constant currency basis based on 2023 Adjusted EPS incl. developed market gum. The company expects 2024 Free Cash Flow of $3.5+ billion. The company estimates currency translation would decrease 2024 net revenue growth by approximately 1.5 percent3 with a negative $0.09 impact to Adjusted EPS.”

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