Mondelēz International Celebrates Progress on Strategic Priorities, Boosted by Transformation of North American Business Into Sustainable Growth Engine, at 2024 CAGNY Conference
20 Février 2024 - 3:05PM
Mondelēz International, Inc. (Nasdaq: MDLZ) today will highlight
the turnaround of its North America operations at the 2024 Consumer
Analyst Group of New York (CAGNY) Conference. Chairman and Chief
Executive Officer Dirk Van de Put, Chief Financial Officer Luca
Zaramella, and Executive Vice President for North America, Gustavo
Valle, will update the Company’s recent progress in building a
sustainable growth engine in the North America market as part of
its long-term growth acceleration strategy.
“Our strategic focus on core categories – chocolate, biscuits
and baked snacks – has been instrumental in driving success across
both emerging markets and developed markets like North America,”
Van de Put said. “We remain confident that our virtuous cycle of
strong gross profit dollar growth – fueling local-first commercial
execution and increasing investments in our strong brands,
capabilities and talent – will enable us to continue delivering
attractive, sustainable growth.”
Driving Accelerated Growth and
TransformationMondelēz International has consistently
delivered against its long-term algorithm since launching its
growth strategy in 2018. The Company is continuing to reshape its
portfolio to generate 90% of revenue through its core
categories—chocolate, biscuits and baked snacks.
The Company’s North American business, which accounts for more
than 30% of total net revenue and nearly 40% of operating income,
has transformed into a resilient, reliable driver of growth.
“We’re well positioned to take our performance to the next
level,” Valle said. “We remain committed to strengthening consumer
preference and loyalty through creative and meaningful activations
in the region.”
Today’s CAGNY presentation will focus on three key areas of
Mondelēz International’s strategy to drive sustainable long-term
growth:
- Delivering strong, differentiated results that position the
Company for attractive long-term growth with superior presence
across channels, supported by continuous investment in
infrastructure and talent.
- Transforming North America to build a sustainable growth engine
and successfully building a foundational operating and sales model
that will become a resilient growth driver.
- Strong capital allocation and value creation strategies to
ensure stronger return on investments and become the consumer
packaged goods partner of choice for retailers.
Presentation and MaterialsSimultaneous with the
webcast for CAGNY participants, today’s presentation and
accompanying slides will be available in the investor section of
the Company’s website www.mondelezinternational.com and will remain
available on the website following the webcast.
About Mondelēz InternationalMondelēz
International, Inc. (Nasdaq: MDLZ) empowers people to snack right
in over 150 countries around the world. With 2023 net revenues of
approximately $36 billion, MDLZ is leading the future of snacking
with iconic global and local brands such as Oreo, Ritz, LU, Clif
Bar and Tate's Bake Shop biscuits and baked snacks, as well as
Cadbury Dairy Milk, Milka and Toblerone chocolate. Mondelēz
International is a proud member of the Standard and Poor’s 500,
Nasdaq 100 and Dow Jones Sustainability Index. Visit
www.mondelezinternational.com or follow the company on Twitter at
www.twitter.com/MDLZ.
Forward-Looking StatementsThis press release
contains forward-looking statements. Words, and variations of
words, such as “will,” “may,” “expect,” “plan,” “continue” and
similar expressions are intended to identify these forward-looking
statements, including, but not limited to, statements of belief or
expectation and statements about Mondelēz International’s
leadership position in snacking. These forward-looking statements
are subject to change and to inherent risks and uncertainties, many
of which are beyond Mondelēz International’s control, which could
cause Mondelēz International’s actual results or outcomes to differ
materially from those projected or assumed in these forward-looking
statements. Please also see Mondelēz International’s risk factors,
as they may be amended from time to time, set forth in its filings
with the U.S. Securities and Exchange Commission, including its
most recently filed Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q. There may be other factors not
presently known to Mondelēz International or which it currently
considers to be immaterial that could cause Mondelēz
International’s actual results to differ materially from those
projected in any forward-looking statements it makes. Mondelēz
International disclaims and does not undertake any obligation to
update or revise any forward-looking statement in this press
release, except as required by applicable law or regulation.
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Contact: |
Tracey Noe (Media) |
Shep Dunlap (Investors) |
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+1 847 943 5678 |
+1 847 943 5454 |
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news@mdlz.com |
ir@mdlz.com |
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