Mondelez sees first quarter revenue hit on coronavirus outbreak

(Reuters) - Oreo maker Mondelez Inc said on Wednesday it expects a hit to its first quarter revenue from a new coronavirus outbreak in China which has killed over 130 people. Chief Executive Officer Dirk Van de Put said it was still too early to quantify the impact

Reuters January 30, 2020 05:08:04 IST
Mondelez sees first quarter revenue hit on coronavirus outbreak

coronavirus outbreak" src="https://images.firstpost.com/wp-content/uploads/reuters/01-2020/30/2020-01-29T214158Z_1_LYNXMPEG0S213_RTROPTP_2_SWISS-BUSINESS.jpg" alt="Mondelez sees first quarter revenue hit on coronavirus outbreak" width="300" height="225" />

(Reuters) - Oreo maker Mondelez Inc said on Wednesday it expects a hit to its first quarter revenue from a new coronavirus outbreak in China which has killed over 130 people.

Chief Executive Officer Dirk Van de Put said it was still too early to quantify the impact.

The company also said it has imposed some restrictions on employees' travelling within or to China.

(Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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