MDLZ Q2: organic rev +2.5%, adj EPS +25% cc; dividend raised 11%

Mondelez International, Inc.

2024-Q2 EPS reported $1.49 revenue$17,633,000,000

Q2 net rev $8.34B (-1.9% reported, +2.5% organic); price/mix +4.7%/-2.2%.
Diluted EPS $0.45 (-34.8%); adjusted EPS $0.86 (+25.0% constant currency).
Quarterly dividend raised 11% to $0.470/share, payable Oct 14 to holders of record Sep 30.
H1 2024 returned $2.2B to shareholders via dividends and buybacks.
Announced transformative ERP program to drive enterprise efficiencies; no cost details disclosed.

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