Financial News

Financial News

May 28, 2024
SINGAPORE, May 28, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced the inauguration of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore, reaffirming its commitment to innovation and product development across Southeast Asia and Australia, New Zealand and Japan. This new facility was officially opened today by Mr Chan Ih-Ming, Executive Vice President, Singapore Economic Development Board.
May 14, 2024
Mondelēz International, Inc. (Nasdaq: MDLZ) will showcase key innovations and tasty collaborations to accelerate brand loyalty and growth at the 2024 Sweets and Snacks Expo in Indianapolis, IN, on May 15. Among many highlights, the company will present an educational session on proven strategies to help snacking companies success in omnichannel, delivered by Francesca Hahn, U.S. Vice President of Digital Commerce.
April 30, 2024

First Quarter Highlights

  • Net revenues increased +1.4% driven by Organic Net Revenue1 growth of +4.2% with underlying Volume/Mix of -2.1%
  • Diluted EPS was $1.04, down 31.6%; Adjusted EPS1 was $0.95, up +16.3% on a constant currency basis
  • Cash provided by operating activities was $1.3 billion, up $0.2 billion versus prior year; Free Cash Flow1 was $1.0 billion, up $0.1 billion versus prior year
  • Return of capital to shareholders was $1.1 billion
April 23, 2024
  • CoLab Tech is Mondelēz International’s R&D accelerator program for emerging food technology start-ups
  • Up to ten companies will be selected in the areas of nutrition, ingredients, packaging and sustainability
  • The 8-week program will include virtual sessions, 1:1 mentorship, and the potential for proof of concept testing
  • Applications are now open to companies globally at
April 15, 2024
  • Reinforces progress towards goals and accelerated impact as global leader in mindful snacking
  • Highlights progress toward 2050 net-zero goal, which was just validated by SBTi
  • Demonstrates ongoing value generation through sustainability investments and initiatives
  • Showcases innovative collaboration aiming to help advance sector-wide transformation and deliver lasting change at scale
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.