Mondelēz International Showcases Continued Progress on Sustainable Growth, Highlights Attractive Cakes and Pastries Opportunities at 2025 CAGNY Conference
February 18 2025 - 9:05AM
Mondelēz International, Inc. (NASDAQ: MDLZ) today will highlight
its continued growth, portfolio transformation, and commitment to
long-term value creation at the 2025 Consumer Analyst Group of New
York (CAGNY) Conference. Chairman and Chief Executive Officer Dirk
Van de Put and Chief Financial Officer Luca Zaramella will provide
insights into the company’s strategic priorities and market
leadership across key categories, including growth in attractive
adjacencies like cakes and pastries.
“Our strong foundation of iconic brands and attractive
categories position us for continued value creation,” said Dirk Van
de Put, Chair and CEO of Mondelēz International. “We’re excited
about our strong playbook to win in large and attractive
adjacencies, like cakes and pastries, that provide a significant
runway of growth opportunities.”
Delivering Resilient Growth Mondelēz
International has continued to deliver against its long-term growth
algorithm, including 4.3% organic net revenue growth and 5.1%
adjusted gross profit dollar growth in 2024, despite record cocoa
input cost inflation, demonstrating consumers’ continued loyalty to
their favorite chocolate, biscuits, and baked snacks brands. The
Company’s $2 billion cakes and pastries business, which currently
holds a #3 global share position, is growing share and is
well-positioned to accelerate growth.
“We have always remained focused on a simple but proven
playbook: Acquiring the right opportunities, executing a strong
integration plan, and accelerating growth in our newly acquired
brands through expanded distribution and elevated marketing
capabilities,” said Chief Financial Officer Luca Zaramella.
Today’s CAGNY presentation will focus on four key areas of the
Company’s strategy:
- Continuing progress on long-term, sustainable growth strategy –
advancing portfolio reshaping and strong execution to deliver 90%
of revenue from chocolate, biscuits and baked snacks
- Navigating record cocoa input costs while growing market
leadership across trusted and loved brands
- Winning in the fast-growing, $97 billion cakes and pastries
category, executing the Company’s proven playbook, and launching
unique extensions of its widely loved chocolate and biscuit
brands
- Unlocking value through cash generation and disciplined capital
allocation – focusing on expanded free cash flow, growth-accretive
M&A and balance sheet flexibility
Presentation and MaterialsSimultaneous with the
webcast for CAGNY participants, today’s presentation and
accompanying slides will be available in the investor section of
the Company’s website www.mondelezinternational.com and will remain
available on the website following the webcast.
About Mondelēz InternationalMondelēz
International, Inc. (Nasdaq: MDLZ) empowers people to snack right
in over 150 countries around the world. With 2024 net revenues of
approximately $36.4 billion, MDLZ is leading the future of snacking
with iconic global and local brands such as Oreo, Ritz, LU, Clif
Bar and Tate's Bake Shop biscuits and baked snacks, as well as
Cadbury Dairy Milk, Milka and Toblerone chocolate. Mondelēz
International is a proud member of the Standard and Poor’s 500,
Nasdaq 100 and Dow Jones Sustainability Index. Visit
www.mondelezinternational.com or follow the company on X at
www.x.com/MDLZ.
Forward-Looking StatementsThis press release
contains forward-looking statements. Words, and variations of
words, such as “will,” “may,” “expect,” “plan,” “continue” and
similar expressions are intended to identify these forward-looking
statements, including, but not limited to, statements of belief or
expectation and statements about Mondelēz International’s
leadership position in snacking. These forward-looking statements
are subject to change and to inherent risks and uncertainties, many
of which are beyond Mondelēz International’s control, which could
cause Mondelēz International’s actual results or outcomes to differ
materially from those projected or assumed in these forward-looking
statements. Please also see Mondelēz International’s risk factors,
as they may be amended from time to time, set forth in its filings
with the U.S. Securities and Exchange Commission, including its
most recently filed Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q. There may be other factors not
presently known to Mondelēz International or which it currently
considers to be immaterial that could cause Mondelēz
International’s actual results to differ materially from those
projected in any forward-looking statements it makes. Mondelēz
International disclaims and does not undertake any obligation to
update or revise any forward-looking statement in this press
release, except as required by applicable law or regulation.
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Contact: |
Tracey Noe (Media) |
Shep Dunlap (Investors) |
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+1 847 943 5678 |
+1 847 943 5454 |
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news@mdlz.com |
ir@mdlz.com |
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