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Global 500

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352

Mondelez International

MDLZ

U.S.

The global snacking giant has reported sharply lower sales in recent quarters, with results stung by two issues: a strong U.S. dollar has ate into the company’s top line and the loss of Mondelez’s coffee brands after it sold them to create a new company called Jacobs Douwe Egberts. Mondelez still has a noncontrolling stake in the new company, but the loss of the business has helped contribute to double-digit revenue declines in recent quarters. This year, Mondelez is only targeting net organic revenue growth of at least 2%, conceding that a challenging macroeconomic environment will result in slower growth for the global $1.2 trillion snacking market. Mondelez is planning to focus on so-called “power brands,” which include Oreo cookies, Ritz crackers, Cadbury chocolate, and Trident gum, while also eliminating less profitable lines to help simplify the company’s supply chain.

CEO

Irene B. Rosenfeld

Sector

Food, Beverages & Tobacco

Industry

Food Consumer Products

HQ Location

Deerfield, IL

Employees

99,000

Years on Global 500 List

9

Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$29,636-13.5%
Profits ($M)$7,267232.7%
Assets ($M)$62,843
Total Stockholder Equity ($M)$28,012
Profit Ratios
Profit as % of Revenues24.5%
Profits as % of Assets11.6%
Profits as % of Stockholder Equity25.9%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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News about Mondelez International

Exclusive: Mondelez to Launch New Business Aimed at Shaping the Future of Snacking

The company wants a bigger bite of "snacking growth opportunities around the world."

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Mondelez CEO Cooks Up A New Recipe for the Oreo Maker

Mondelez is targeting consumers in China and India to develop an appetite for American snacks.

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Cadbury Is Stockpiling Chocolate Ahead of Brexit. Should You?

The possibility of a hard Brexit has chocolate lovers and confectioners preparing for the worst.

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Oreo Debuts Hot Chicken Wing and Wasabi Flavors

Mondelēz announced the new flavors for the Chinese market.

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Videos about Mondelez International

Mondelez CEO Cooks Up A New Recipe for the Oreo Maker

CEO Dirk Van de Put hopes Oreo yogurt and other innovative snacks will boost sales.

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Check Out Oreo’s New Breakfast Flavor

Who says you can’t have cookies for breakfast?

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Mondelez International is Hiring a Chocolate Taster

There is no taste-testing experience required for the position.

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Behind a Bittersweet Industry

Fortune’s Brian O’Keefe investigates the chocolate industry. Read the full article, here.

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Irene Rosenfeld: Why are activist going after Mondelēz?

Fortune's Patti Sellers sits down with CEO Irene Rosenfeld to talk about how activist are effecting Mondelēz international.

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