CLAIM #39678 · Mondelez International Inc (MDLZ) · 2023Q4 earnings call · Jan 30, 2024 · due Dec 31, 2024
“We are well-positioned to address these challenges and we remain confident that we can deliver an on-algorithm year.”
Dirk Van De Put · CEO
In context
“serving sizes or with clear Mindful Portion recommendations unpack. These are just a few highlights of our continuing progress towards building a more sustainable snacking company. We continue to believe that helping to drive positive change at scale is an integral part of value creation, with positive returns for our stakeholders. We encourage you to watch our annual Snacking Made Right report, which will be published in April to view our full-year sustainability data. Turning to slide nine. You can see that like many companies, we continued to navigate through a dynamic operating environment. We are closely tracking and planning around a number of near-term themes, including continuing inflation, shifting consumer habits, geopolitical challenges, rising cocoa prices, just to name a few. We are well-positioned to address these challenges and we remain confident that we can deliver an on-algorithm year. Our confidence is rooted in our conviction that we have the right strategy, the right execution, and the right people, as well as very strong widely loved brands. We continue to see momentum in the majority of our key emerging markets. Our categories remained resilient and our solid volume mix performance demonstrates that consumers continue to prioritize our iconic snacking brands. To continue accelerating this momentum, we are continuing to increase our investment significantly in our brands and capabilities. We are pleased that our U.S. supply chain has substantially improved and we continue to focus on expanding distribution opportunities in both developed and emerging markets. We are also making solid progress in our European pricing negotiations. We expect to deliver robust EPS grow”
Verify independently
SEC filings for MDLZ ↗ · Claim quote is verbatim from the 2023Q4 earnings call.