other material
confidence high
sentiment positive
materiality 0.50
Mondelēz Highlights 4.3% Organic Revenue Growth, $2B Cakes & Pastries at CAGNY
Mondelez International, Inc.
- Organic net revenue grew 4.3% in 2024 despite record cocoa cost inflation.
- Adjusted gross profit dollar growth of 5.1% in 2024.
- Cakes and pastries business (~$2B revenue) holds #3 global share, positioned to accelerate.
- Strategy targets 90% of revenue from chocolate, biscuits, baked snacks; expanding in $97B cakes/pastries.
- 2024 net revenues approximately $36.4B.