欧洲市场产品涨价30%！亿滋国际第三季度收入增长近6%

Core Insights - Mondelez International reported a 5.87% year-over-year revenue increase to $9.744 billion in Q3, despite a 12.90% decline in gross profit to $2.612 billion and a 35.5% drop in operating profit to $744 million [1] - The revenue growth was primarily driven by higher net pricing, favorable currency effects, and an $870 million incremental net revenue from the acquisition of Chinese frozen bakery company Enxi Village, partially offset by unfavorable volume and product mix factors [1] - The operating profit margin decreased by 4.9% to 7.6%, with adjusted operating profit margin down 6.9% to 12.0%, mainly due to higher raw material costs and unfavorable product mix, although partially mitigated by higher net pricing and lower advertising costs [1] Revenue Breakdown - By product category, cookie revenue increased by 4.21% to $4.799 billion, chocolate revenue rose by 10.53% to $3.076 billion, gum and candy revenue grew by 2.74% to $1.051 billion, and cheese and everyday consumables revenue increased by 8.09% to $601 million, while beverage revenue declined by 8.44% to $217 million [4] - By geographic region, revenue from Europe grew by 10.6% to $3.674 billion, accounting for 37.71% of total revenue; North America saw a 0.4% decline to $2.815 billion, representing 28.89%; "Asia, Middle East, and Africa" revenue increased by 9.0% to $2.017 billion, making up 20.70%; and Latin America revenue rose by 2.8% to $1.238 billion, accounting for 12.71% [4] Cocoa Cost Impact - Mondelez International anticipates that cocoa costs will be lower in 2026 compared to this year, but will continue to face cocoa costs above historical levels in the near and medium term [2] - The CEO mentioned unprecedented price increases of approximately 30% for products in the European market to address rising cocoa prices, although some price hikes have exceeded consumer acceptance [2] - The company is also exploring smaller, lower-priced chocolate product offerings as a response to these challenges [2] China Market Challenges - The company faces significant pressure in the Chinese market, with revenue growth rates only in the single digits and even experiencing single-digit negative growth in Q3 due to the consumption environment [5] - Despite short-term pressures in China, the company remains optimistic about future growth in the market [5]