CLAIM #39820 · Mondelez International Inc (MDLZ) · 2024Q3 earnings call · Oct 29, 2024 · due Dec 31, 2025
“We see pretty strong top line for next year.”
Dirk Van De Put · CEO
In context
“ense of what the messaging was there about the top line next year, just given all the puts and takes about elasticity and pricing and so forth? Dirk Van de Put: Yeah. It's basically related to our mix of different categories that we have. We have 70% of our business that is non-chocolate, and that is the part that we are expecting to be in line with our normal algo. And then the chocolate part will not be in line with our algo. That's what we were referring to. Luca Zaramella: On the bottom-line specifically. Ken Goldman: On the bottom line. So that was a bottom line comment just to make sure? Luca Zaramella: Yes. I said that 70% of the portfolio is on algo. The remaining part which is chocolate is not going to be on algo on the bottom line. Ken Goldman: Great. Thank you. Dirk Van de Put: We see pretty strong top line for next year. Ken Goldman: Yeah, that's why I wasn't -- no, that's helpful. Thank you. I appreciate it guys. Dirk Van de Put: Yeah. Luca Zaramella: Thank you, Ken. Operator: We'll go next to John Baumgartner with Mizuho Securities. John Baumgartner: Good afternoon. Thanks for the question. Dirk Van de Put: Hi. Luca Zaramella: Hi. John Baumgartner: Dirk, I'd like to ask about the growth plans for cakes and pastries. And if you could speak to your vision there, to what extent do you view the company as sort of a disruptor in the space where there's unique capabilities in biscuits and confection that you can sort of leverage in baked goods? And in light of Evirth and that frozen cake technology, the capabilities from that, to what extent is that a China-specific opportunity relative to one that could be e”
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SEC filings for MDLZ ↗ · Claim quote is verbatim from the 2024Q3 earnings call.