Financial News

Financial News

September 13, 2023
  • CoLab Tech is a start-up engagement program focused on accelerating companies that address key R&D topics and priority areas for Mondelēz International
  • Applications were open to early-stage businesses in North America and Europe
  • The 9 participants selected represent alternative ingredient, food safety, improved manufacturing and regenerative agriculture technologies
July 27, 2023

Second Quarter Highlights

  • Net revenues increased +17.0% driven by Organic Net Revenue1 growth of +15.8% with strong Volume/Mix performance in 3 of 4 regions
  • Diluted EPS was $0.69, up 27.8%; Adjusted EPS1 was $0.76, up +21.5% on a constant currency basis
  • Year-to-date cash provided by operating activities was $2.0 billion; Free Cash Flow1 was $1.5 billion
  • Return of capital to shareholders was $1.7 billion in the first half of the year
  • Announcing +10% increase to quarterly dividend
  • Raising both Organic Net Revenue and Adjusted EPS growth outlook to 12%+
May 16, 2023
  • Confirms progress in mission to lead the future of more sustainable snacking
  • Reaffirms accelerated focus to provide transparent and measurable information for stakeholders on goals, policies, initiatives and programs through credible reporting
  • Continues to create long-term value for business through ongoing investments in sustainability priorities