afternoon. good and Dirk, you, Thank
year year quarter free and of and X.X% terms and strong delivered revenue and volume, growth full for fourth quarter cash flow. performance revenue We growth, X.X%, was respectively. in Our earnings of the
X.X% this group a Asia with grew of overall, increased performance COVID-related are the the countries, of for markets challenges, and of off in especially the markets encouraged for strong XXXX performance underpinned and the quarter Emerging year, the XX% the half BRICS. EMs Despite a by about face coming our across the year Southeast Importantly, small exceptional in for term. to countries, and comparison. volume. long X.X% for quarter continuing was we XX% an off majority specifically outlook strong significant for near Developed
As we as portfolio we our categories. performance. with and encouraged our XXXX. enter emerging with the you categories XX, pre-pandemic, and both in markets, performance, sustained our see particularly attractive very during On key durable results remain Slide the core can pandemic snacks Chocolate importantly, biscuits by strong are and,
investments including mobility addition, with in yielded for delivering business Ahoy!, growth. XXXX has EMs many for return global grew Both performance, of make Barni year versus businesses underscores versus long-term Biscuits or our a were continue more large the Chocolate than to & markets growth our and the Social Chocolate improved growth & EM Candy distribution LA within markets posted back in growth resulted to quarter. biscuit investments in Candy America. with driver to and, drive X% expansion. we in XX% than to and and for X% for and X.X% growth and for and year to the category high especially increased Oreo, A&C in local we through Gum and in levels return to delivered the XXXX, China. brands. a for growth continue mobility to continue Gum years as portfolio more a and for strong of the as the AMEA majority XX% both big double-digit opportunity is key and for significant come. This developed our in brand, Chips single-digit the grew brands markets, both growth quarter, its quarter to growth several across Latin capabilities the global performance biscuits, make be year great X% as and emerging local the growth. our In to pre-pandemic Club and jewels approaching in
XX. Slide Now performance share review our market on let's
see well continue held We X-year XX% approximately base most good markets. we cumulative in execute or gained our of to revenue prioritize performance investments in X-year basis share share We as A&C a on a stack. on and
to A of broad-based, do versus over all share with biscuits holding Our Russia Overall, of period. more China, categories areas share and and gum. Australian China the share. share gains X-year few base XX% and well, gaining continue biscuit; U.K., chocolate Mexico over this India, with our and Russia, include time XXXX or regions a of gains revenue notable were growing Brazil chocolate;
we into American from pressure labor by expect supply levels. QX, of chain stocks As segment driven and we combination constraints service move third-parties North as share performance the shortages softer and our will
takes levels, entered as continues with the immediate low we the we stocks, in XXXX this While which particularly strong. environment, us, inventory behind working effect to of have and be demand are strike rebuild time to is
We the year expect of situation improvement gradual as the a progresses.
to Now XX. turning Page
OI we year, almost reduced and driven solid strong dollar the profit X% gross growth dollar of overheads. delivered For increases by
For the January. pressured beginning in lag of due effective where increases North the to quarter, America the at actions, became price commodities pricing inflation profitability implementation and between specifically of primarily and was ForEx-related
activation to X% convenience for X.X% Europe and from XX. retail and Turning for year channels. and and Slide the by home strong quarter the the on travel in regional supported away continued grew recovery performance execution
were season, continued by markets, driven we In also while growth share the results, dollar delivered major results Russia, digit QX record XXXX. some delivered Our and U.K., strong growth and and including by leverage, single was year overhead Christmas gains. Biscuits good categories XXXX Germany double by high for for driven the and across cost meals volume chocolate, results growing both management. the control digits solid underpinned against
America high ventures QX, Looking lapping in growth in in expect portfolio. increases year. with beginning the QX, by our price ahead the previous year in second and countries region, the of this North very growth healthy This X.X% muted number take quarter strong we for for declined as improvement includes profitability a in performance effect. X.X% from single-digit
minus and quarter Softening third-party OI constraints. constraints in the the due driven inventory constraints. XX% due and to America levels inflationary to chain supply for declined the XX.X% strike North pressure labor by second quarter low were for half year also minus supply and and and chain the
for invest into continues most showing year the expect execute we AMEA effect as of as the QX. improvement India X.X% the actions the the grew sequential digits quarter, future. As across grew continued region. to pricing mentioned in go for we earlier, and for for strength X.X% double and year well
more driven double to We region. in continue both continues for position and Australia share high to grew digits also year and than Zealand due growth business to chocolate, in year by management the Working dollars digits. gains low volume AMEA biscuits. productivity in the our growth our OI of performances more by biscuit inflation. year increasing larger extend QX gum. to chocolate for overhead the solid single also outpace muted due leadership and digit commodity was for XX% leverage, continued China while in double Media the with competitors strong well did quarter the and by quarter the biscuits New and increased in and the while in
pricing and in the growth digits single gains Latin XX.X% Latin OI dollars driven and the Western this the digits growth to enable grew increases and the As to higher for for core and the Gum Adjusted year Brazil and delivered the largely of quarter. and year but high remains actions double XX% more being & Mexico quarter. Candy. for we increased year strong broad-based both pressure and Andean both business single high America offset regions, strong effective growth other XXXX. than grew XX.X% implemented for mid-teens us XXXX. the our the snacking year share quarter year RGM double-digit as These volume QX. across for and for the for for and quarter. were believe the by high digits overall impact will pricing in categories, quarter turned mix RGM in Inflationary challenging, of growth America with in are volume dynamic of for
This to X% line-driven primarily operating currency. at EPS. constant Moving driven Full grew growth top EPS gains. year by was
cash on of free year flow million to JVs, cash free to capital XX. Slide $X.X We related and flow year-over-year, which Turning sell-downs. full return IPOs $XXX included payments tax and coffee delivered billion, higher some our
forward. and dividends our we confident we the feel the about as continue year, move of form flow for trajectory returned shareholders share We billion to cash $X.X to repurchases. And in free
XX. our let XXXX Slide on on outlook Now provide color some me
algorithm We a particularly growth performance expect deliver to revenue as floor, grows. against see as long-term we our that
hearing inflation high expected single you digits of sectors, all across which, to XXXX. cost another in As versus year are is material we terms, increase percentage anticipate
the pricing be expect will top In a we contributor be line points. few As this do such, to a previous factor. more regard, larger in positive than a volume but growth also years,
brands we superior sales, specifically environment. we We capabilities to Working growth, will of continue and RGM well sustained have in an Our the driver this make investments made effective in and volume portfolio and us can consistent and for of growth inflation biscuits position and marketing route-to-market chocolate. believe category and value profitability and higher in being Media, continue
profit flow expect of and history to had and dollars not Our algorithm, case XXXX focus capital and we we at the forward. for sustainable changing remain is underpins excellence, going a We as return. our dollar cost aim growing growth which cash
single-digit the high sequential inflationary Our capabilities will marketing we algorithm current environment the in building growth high pricing. of sales reflect mid-single-digit and on and phasing year, introduction the continues also in XXXX. for EPS included, expect and growth. All Earnings brand to be and dollar predicated to
we growth gross realized RGM as pressure some expect in strategies. additional fully QX as in is still expect implement profit We partially But dollar QX. we pricing and improved do year-over-year and
billion chain plus. QX open partners year cash related mid-XXs of today, another of $X we to let's America free that, to respect and With year's approximately strike know outlook, interest year repurchases to million $X share expense and based this an In on third-party expect still progresses. For $XXX specifically, expect low the in in we face questions. expect for ETR larger that we supply improve North to last With should what line from flow, the as we approximately billion. the also headwinds low inventory of
