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Financial News

Financial News

July 23, 2024
CHICAGO, July 23, 2024 (GLOBE NEWSWIRE) -- Mondelēz International (Nasdaq: MDLZ) today announced the appointment of Filippo Catalano as Chief Information and Digital Officer (CIDO). Reporting directly to Chair and Chief Executive Officer Dirk Van de Put, Catalano will be responsible for accelerating the company’s global technology transformation to drive long-term growth. He will join the organization later this year.
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 www.snackfutures.com

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