date:Feb 14, 2014
grew 3.9 percent fueled by double-digit growth in Oreo, Chips Ahoy! and belVita biscuits.
Fourth quarter net revenues increased 1.5 percent. Organic Net Revenues increased 3.1 percent, driven by strong biscuits volume/mix gains. As expected, gum revenues improved sequentially, but still declined mid-single digits, reflecting stabilization in market shares as most customer shelves have now been reset. The region's Power Brands grew 4.5 percent.
Share Repurchases
During 2013, the company repur