Financial News

Financial News

April 9, 2024
  • Approval reinforces Mondelēz International’s commitment to its mission to create a more sustainable snacking company
CHICAGO, April 09, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) joins the companies leading the journey to net-zero as it announced today that the Science Based Targets initiative (SBTi) has validated its near-term 2030 greenhouse gas reduction targets and its net-zero target by 2050.
March 14, 2024
  • Snacking preferred over traditional mealtime for the fifth consecutive year
  • Despite global economic challenges, consumers continue budgeting for their
    favorite snacks
  • Consumers report a greater emphasis on snacking for perceived health and
    well-being benefits
  • Consumers are choosing brands that align with their values, increasingly focused
    on snacks with sustainability credentials
February 20, 2024
  • North American operating model improvements include progress across manufacturing flexibility, sales execution, pricing power and portfolio expansion
  • Revenue growth management, channel opportunities, digital investments and best-in-class consumer marketing position North America as growth driver
February 6, 2024
CHICAGO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) announced that Dirk Van de Put, Chairman & CEO, Luca Zaramella, EVP & Chief Financial Officer and Gustavo Valle, EVP & President North America, will present at the annual Consumer Analyst Group of New York (CAGNY) Conference on February 20 at 3:00 p.m. ET.
February 2, 2024
CHICAGO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced the appointment of Brian McNamara to the Company’s Board of Directors, effective Feb. 1. McNamara has served as Chief Executive Officer of Haleon plc, formerly GSK Consumer Healthcare, since May 2022.
January 30, 2024

Full Year Highlights

  • Net revenues for the full year increased +14.4% driven by Organic Net Revenue1 growth of +14.7% with underlying Volume/Mix of +1.3%. For the fourth quarter, Net revenues increased +7.1% driven by Organic Net Revenue1 growth of +9.8% with underlying Volume/Mix of -0.4%
  • Diluted EPS was $3.62, up +84.7%; Adjusted EPS1 was $3.19, up +19.0% on a constant currency basis
  • Year-to-date cash provided by operating activities was $4.7 billion; Free Cash Flow1 was $3.6 billion, up +$0.6 billion vs prior year
  • Return of capital to shareholders was $3.7 billion; increased dividend per share by 10%
  • Closed the divestiture of our developed market gum business for $1.4 billion
  • Expecting for 2024 an on-algorithm year for Organic Net Revenue, Adjusted EPS and Free Cash Flow, with revenue growth at upper end of 3-5% range