Are you ready to satisfy your sweet tooth and dive into the world of stocks? Get ready to indulge in the deliciousness that is Mondelēz International Inc., the mastermind behind some of our favorite treats like Toblerone, Oreo, Cadbury, and more! The company manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals, and various packaged grocery products.
Mondelez International sells its products throughout the world. It's interesting to note that the majority of all its raw products come from Africa, while 30% come from India. Here are some of the brands it owns:
Disclaimer: The holdings may not be limited to the logos on the image and may change. The use of logos are for educational purposes only.
View the full list here.
Financials, dividends and buyback
Mondelēz International's net revenues increased by 18% in the first quarter of its 2023 financial year; it reported $463 million in gross profits for the period. Income from operations during the period increased by $411 million. Dirk Van de Put, Chairman and CEO, expressed his satisfaction, stating, "We saw broad-based demand across both developed and emerging markets. Consumers around the world continue to prioritize our chocolate, biscuits, and baked snacks categories and brands." He further highlighted the company's progress in reshaping its portfolio, including reducing coffee equity stakes and generating strong synergies from recently acquired assets.
Mondelēz International has its ways of satisfying both investors and snack enthusiasts. They recently announced a $6 billion buyback program. Looking at dividends, it last paid $0.38 per share, and it has a history of paying dividends up to four times a year, in January, April, July, and October.
View the investor's presentation here.
Are they still expanding?
In 2022, Mondelēz International completed its Chipita S.A. acquisition. It also acquired Ricolino, Mexico's leading confectionery company, and Clif Bar, a US-based manufacturer of nutritious energy bars. The Clif Bar deal was valued at nearly $3 billion, and according to the CEO, the transaction advances its ambition to lead the future of snacking by winning in chocolate, biscuits, and baked snacks while scaling its high-growth snack bar business.
Mondelēz International recently opened a $50 billion new global Research & Development (R&D) innovation facility that will elevate the company's product, process, and packaging development for its snack brands, including Oreo, Ritz, and Sour Patch Kids. "This strategic investment in our new global innovation centre will enable us to pilot exciting new snacking breakthroughs and bring about the next generation of innovation for Mondelēz snacks around the world," said Daniel Ramos, EVP and chief research and development officer at Mondelēz International.
This comes after the snack leader launched a CoLab in 2021 that seeks to address the top technical challenges in sustainability and food processing. This will be through working with small businesses and startups; by May 2023, it revealed the nine participants to participate in the third cohort.
Earnings
Mondelēz International Inc. is expected to release its earnings in July 2023. To invest in Mondelēz International Inc., click here or head over to your EasyUSD account to buy either full or a fraction of the shares!
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