By Annie Gasparro 

Mondelez International Inc. said its ability to raise prices for its sweets and snacks is helping bolster revenue more than it expected amid continued pressure from the strong U.S. dollar.

The maker of Oreo cookies and Ritz crackers on Thursday reported better-than-expected results for the latest quarter. It also credited its continuing restructuring, which involves slashing overhead, closing under-utilized factories and opening new, more efficient ones and ridding itself of low-margin products. That effort boosted its adjusted operating profit margin by 2.7 percentage points to 15.2% in the quarter ended June 30.

Mondelez is in a tough position dealing with changing eating habits in the U.S. and slower economic growth in emerging markets. Its revenue fell 9% in the quarter, hurt by the weakness of foreign currencies against the dollar, which makes overseas revenue less valuable.

Excluding one-time factors like product divestitures, however, sales rose 4%, primarily because Mondelez raised its prices. The Deerfield, Ill., company said it now expects organic net revenue, which excludes divestitures and acquisitions, to grow at least 3% for the second half of the year, up from an earlier estimate of 2%.

"The biggest driver of our revenue is pricing--so there's no question that volume is not where we need it to be," Chief Executive Irene Rosenfeld said on a conference call. "A big part of the investment we'll be making...is designed to get our volume momentum back." That means more marketing spending to promote its core brands, like Chips Ahoy cookies and Tang drink mix, being careful to only do deals that shoppers will respond to.

Mondelez's shares were up about 5% in midday trading Thursday.

Mondelez, which also makes Cadbury chocolates and Trident gum, has been focused on expanding in emerging markets with growing numbers of middle-class consumers. Recently, economic growth has sputtered in places like China, Brazil and India, putting a damper on Mondelez's sales.

"I feel very good that we've got our finger on the pulse of the business and that we've got much greater visibility into the various levels of demand," in emerging markets, Ms. Rosenfeld said, reminding investors that "India is growing; it's just growing at a slower rate than it has been."

She said Mondelez continues to make progress on its plan announced last year to trim $1.5 billion from its annual costs using a tool called zero-base budgeting, which requires managers to justify expenses anew each year.

Mondelez said its profit in the latest quarter was $406 million, or 25 cents a share, down from $622 million, or 37 cents a share, a year earlier. Excluding special items, per-share earnings were 47 cents.

Revenue fell to $7.66 billion from $8.44 billion.

Analysts polled by Thomson Reuters had projected 39 cents a share in earnings with revenue of $7.49 billion.

Earlier this month, Mondelez completed the divestiture of its coffee business, which it combined with D.E. Master Blenders 1753 B.V. of Europe, in exchange for $5 billion in cash and a 49% stake in the new company, Jacobs Douwe Egberts.

Angela Chen contributed to this article.

Write to Annie Gasparro at annie.gasparro@wsj.com

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