earnings
confidence high
sentiment neutral
materiality 0.75
Mondelēz Q1 net rev +1.4%; adj EPS $0.95 (+16.3% cc); vol/mix -2.1%
Mondelez International, Inc.
2024-Q1 EPS reported
$1.04
revenue$9,290,000,000
- Organic net revenue +4.2% driven by pricing +6.3pp; volume/mix -2.1pp.
- Adjusted EPS $0.95, +16.3% on constant currency; reported EPS $1.04 (-31.6%) on JDEP impairment.
- Cash from operations $1.3B; free cash flow $1.0B; returned $1.1B to shareholders.
- Latin America net rev +8.9%, AMEA +0.6%, Europe +1.8%, North America -2.1%.
- Adjusted gross margin 39.2% (+240bps); adjusted operating margin 18.5% (+160bps).