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Mondelez International(MDLZ) - 2022 Q1 - Quarterly Report
2022-04-25 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-16483 Mondelēz International, Inc. (Exact name of registrant as specified in its charter) Virginia 52-2284372 (S ...
Mondelez International(MDLZ) - 2021 Q4 - Annual Report
2022-02-03 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ______________ COMMISSION FILE NUMBER 1-16483 Mondelēz International, Inc. (Exact name of registrant as specified in its charter) Virginia 52-228437 ...
Mondelez International(MDLZ) - 2021 Q4 - Earnings Call Transcript
2022-01-28 03:25
Mondelez International, Inc. (NASDAQ:MDLZ) Q4 2021 Earnings Conference Call January 27, 2022 5:00 PM ET Company Participants Shep Dunlap - VP, IR Dirk Van de Put - Chairman & CEO Luca Zaramella - EVP & CFO Conference Call Participants Kenneth Goldman - JPMorgan Chase & Co. Bryan Spillane – Bank of America Merrill Lynch Andrew Lazar - Barclays Bank Robert Moskow - Crédit Suisse Christopher Growe - Stifel, Nicolaus & Company David Palmer - Evercore ISI Jason English - Goldman Sachs Group Robert Dickerson - Je ...
Mondelez International(MDLZ) - 2021 Q3 - Earnings Call Transcript
2021-11-03 01:47
Mondelez International, Inc. (NASDAQ:MDLZ) Q3 2021 Earnings Conference Call November 2, 2021 5:00 PM ET Company Participants Shep Dunlap – Vice President, Investor Relations Dirk Van De Put – Chairman & Chief Executive Officer Luca Zaramella – Chief Financial Officer Conference Call Participants Filippo Falorni – RBC Capital Markets Brian Spillane – Bank of America Chris Growe – Stifel Alexia Howard – Bernstein Jason English – Goldman Sachs Pamela Kaufman – Morgan Stanley Operator Good day and welcome to th ...
Mondelez International (MDLZ) CEO Dirk Van De Put on Barclays Global Consumer Staples Conference
2021-09-09 16:47
Summary of Mondelez International, Inc. Conference Call Company Overview - **Company**: Mondelez International, Inc. (NASDAQ:MDLZ) - **Date**: September 9, 2020 - **Participants**: Dirk Van De Put (Chairman and CEO), Luca Zaramella (CFO) Key Industry Insights - **Sales Growth**: Mondelez has experienced consistent sales growth, averaging over 4% for nine out of the last ten quarters, with the exception of Q2 2020 due to the pandemic [3][4] - **Market Share**: The company has gained substantial market share in the global biscuits and chocolate markets over the past three years [4] - **Emerging Markets**: Emerging markets have rebounded quickly post-pandemic, contributing positively to overall performance [5] Core Growth Strategies - **Strengthening Core Brands**: Focus on innovation, renovation, and investment in core brands has been a primary growth driver [6] - **Oreo Market Potential**: Oreo holds only 10% of the biscuit market in key regions like China and the U.S., indicating significant growth potential [7] - **Channel Expansion**: E-commerce and premium segments are identified as key areas for expansion [8] Financial Performance and Outlook - **Profitability**: Gross profit increased by 6% and EBIT by over 10% in the first half of the year, despite rising input costs [12] - **Inflationary Pressures**: Anticipated inflationary pressures, particularly in the U.S., will impact Q3 and Q4, but the company is confident in its pricing power and revenue growth management initiatives [11][14] - **Free Cash Flow**: Targeting over $3 billion in free cash flow, with a focus on capital allocation towards business investment, M&A, and dividends [16][19] M&A Strategy - **Recent Acquisitions**: The acquisitions of Give & Go and Chipita are aimed at expanding into the cakes and pastries segment, which is seen as a high-growth area [20][21] - **Market Position**: Post-acquisition, Mondelez expects to become the third-largest player in the cakes and pastries market, with significant revenue growth potential [25] Consumer Trends and Well-being Focus - **Changing Consumer Preferences**: The pandemic has shifted consumer behavior towards comfort and well-being, with increased demand for snacks [10] - **Healthier Product Offerings**: Mondelez aims to increase its portfolio of healthier products, targeting 20% of revenue from portion-controlled items by 2025 [39] Operational Challenges - **Labor Issues**: Ongoing strikes at U.S. manufacturing facilities have prompted the company to activate a business continuity plan to maintain production levels [31][32] - **Negotiation Goals**: The company is negotiating with unions to modernize contracts while ensuring competitive wages and benefits [33][34] Conclusion - **Long-term Growth Confidence**: Mondelez remains optimistic about its growth trajectory, with a focus on leveraging brand strength, expanding into new categories, and addressing consumer health trends [28][39]
Mondelez International(MDLZ) - 2021 Q2 - Earnings Call Transcript
2021-07-28 02:17
Mondelez International, Inc. (NASDAQ:MDLZ) Q2 2021 Earnings Conference Call July 27, 2021 5:00 PM ET Company Participants Shep Dunlap - Vice President, Investor Relations Dirk Van de Put - Chairman & Chief Executive Officer Luca Zaramella - Chief Financial Officer & Executive Vice President Conference Call Participants Ken Goldman - JPMorgan Andrew Lazar - Barclays Nik Modi - RBC Capital Markets Bryan Spillane - Bank of America Robert Moskow - Credit Suisse Alexia Howard - Bernstein Chris Growe - Stifel Mic ...