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Mondelez raises 2019 sales outlook, posts rise in revenue

Oreo maker Mondelez International Inc raised its 2019 sales forecast on Tuesday after reporting a 1.1% rise in third-quarter revenue, driven by higher demand in emerging markets and North America.

Corrects end date of quarter to Sept. 30 instead of June 30, paragraph 3

CHICAGO, Oct 29 (Reuters) - Oreo maker Mondelez International Inc MDLZ.O raised its 2019 sales forecast on Tuesday after reporting a 1.1% rise in third-quarter revenue, driven by higher demand in emerging markets and North America.

Mondelez said it expects full-year organic net revenue growth of over 3.5% and adjusted earnings per share growth of 5% to 7% on a constant-currency basis.

Net revenue rose to $6.36 billion in the quarter ended Sept. 30 from $6.29 billion a year earlier.

(Reporting by Richa Naidu in Chicago Editing by Matthew Lewis)

((richa.naidu@tr.com; Follow me on Twitter https://twitter.com/Richa_Writes; +1 312 636 8874; Reuters Messaging: richa.naidu.thomsonreuters.com@reuters.net))

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