INVESTOR RELATIONS

Financial News

Financial News

August 6, 2014
  • Organic Net Revenue(1) grew 1.2%, including a +3.6pp impact from pricing
  • Adjusted Operating Income(1) margin expanded 120 basis points to 12.6%
  • Adjusted EPS(1) increased to $0.40, up 19.4% on a constant currency basis
  • Solid year-to-date market share performance(2) with over half of revenues gaining or holding share
  • Increases quarterly dividend by 7%
  • On track to combine coffee portfolio with D.E Master Blenders 1753 in 2015
  • Reaffirms 2014 Adjusted Operating Income margin and Adjusted EPS targets; reduces 2014 Organic Net Revenue growth target to 2-2.5% to reflect slower category growth and temporary pricing-related dislocation

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