Mondelez's (MDLZ) focus on core categories and portfolio strength place it well in a challenging and dynamic operating environment.
Russians are still indulging in foreign-made Toblerone chocolate, according to internal sales documents seen by Reuters, showing the difficulty of U.S. manufacturer Mondelez's plan to isolate its business in the country from its global operations.
Mondelez International, Inc. has good growth prospects with revenue benefiting from pack size changes and non-recurrence of volume headwinds. Hedged cocoa prices and cost-saving initiatives are expected to support margins, along with potential M&A and distribution expansion for revenue growth. The stock is trading below historical averages with a healthy dividend yield, making it a buy with favorable risk-reward potential.
Mondelez is now an $88 billion (by market cap) confectionary and snack giant which runs a powerful but simple business model based on providing consumers all over the world with enjoyable snacks via high-quality branded products. Mondelez has been a dividend grower right out of the gate, having increased its dividend for 12 consecutive years. It has been very consistent with the dividend growth, handing out 10%+ dividend raises year in and year out. The company has shifted its portfolio quite a bit in order to better concentrate its portfolio around faster-growing, more profitable snack foods. This included divestitures and acquisitions.
Mondelez's (MDLZ) collaboration with Lotus Bakeries could enhance growth for both companies in the fiercely competitive cookie and chocolate sectors.
Mondelez (MDLZ) benefits from its focus on core categories such as chocolate, biscuits and baked snacks, which have demonstrated resilience during economic downturns.
Mondelez is a business that meets my investment criteria. The company's world-class brand portfolio helped it beat the analyst consensus for net revenue and currency-neutral adjusted diluted EPS in Q1. Mondelez's interest coverage ratio registered above 40 for the first quarter.
Mondelez International, Inc. (NASDAQ:MDLZ ) Deutsche Bank Global Consumer Conference Call June 4, 2024 11:15 AM ET Company Participants Dirk Van de Put - Chairman & Chief Executive Officer Luca Zaramella - Chief Financial Officer Conference Call Participants Steve Powers - Deutsche Bank Steve Powers All right. Thanks, everybody.
Snack maker Mondelez resumed its production of Oreo cookies in Ukraine, after its plant in a small city in the eastern part of the country was badly damaged during Russia's invasion roughly two years ago.
The European Commission announced on Thursday it fined Mondelez International Inc. €337.5 million for obstructing the cross-border trade of chocolate, biscuits, and coffee products between the European Union's member states.
The European Commission announced on Thursday it fined Mondelez International Inc. €337.5 million for obstructing the cross-border trade of chocolate, biscuits, and coffee products between the European Union's member states.
European Union antitrust authorities fined Oreo maker Mondelez International 337.5 million euros ($365.3 million) for restricting sales of its products among the bloc's member states.