Financial News

Financial News

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
May 1, 2023
WHIPPANY, N.J., May 01, 2023 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today celebrated the grand opening of its new Global Research & Development (R&D) Innovation Center in Whippany, New Jersey. The state-of-the-art facility, which is supported by an investment of nearly $50 million, includes pilot and scale-up capability for cookies, crackers and candy and supports Mondelēz International as an innovative global snacking leader. The Innovation Center provides new capabilities and technologies that propel R&D for consumer-loved snacks, including OREO cookies, Ritz crackers and Sour Patch Kids candies.
April 27, 2023

First Quarter Highlights

  • Net revenues increased +18.1% driven by Organic Net Revenue1 growth of +19.4% with underlying Volume/Mix of +3.2%
  • Diluted EPS was $1.52, up 149.2%; Adjusted EPS1 was $0.89, up +17.3% on a constant currency basis
  • Cash provided by operating activities was $1.0 billion, in line with prior year; Free Cash Flow1 was $0.9 billion, down -$0.1 billion versus prior year
  • Return of capital to shareholders was $0.9 billion
  • Raising both Organic Net Revenue growth outlook to 10%+ and Adjusted EPS growth outlook to 10%+