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CLAIM #39888 · Mondelez International Inc (MDLZ) · 2025Q1 earnings call · Apr 29, 2025 · due Dec 31, 2025

So I think there we will also see an acceleration.

Dirk Van De Put · CEO

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versus commitment · official band 5 percent
Committed
So I think there we will also see an acceleration.
Reported
we're seeing good mid-single-digit growth in Q3.

In context

grow faster. We expect China, which I mentioned first to remain at high-single-digits for the rest of the year. In both countries, we have a large distribution runway, so we can complement what happens in the same-store sales with extra stores and that makes a difference for us. Brazil was mid-single-digit growth in Q1, we will be doing more pricing in chocolate. We are doing a number of new activities in our biscuit business and in our Candy & Gum business. So I'm expecting that Brazil will remain there, maybe accelerate a little bit. And then Mexico is gradually getting better. You have to keep in mind that we lap there a bit of difficulty with the integration of Ricolino last year. We were low-single-digit in Q1, but we see a good movement on Oreo, Ricolino and Philadelphia in Mexico. So I think there we will also see an acceleration. I wouldn't say that our total of emerging markets will get to double-digit, but certainly we will see an acceleration in the second half from where we are today. David Palmer: Great. That's helpful. Thank you. Dirk Van De Put: Okay. That concludes the call for today. Q1 down, so far so good, and we'll see you for Q2. Luca Zaramella: Thank you, everyone. Operator: Thank you. Ladies and gentlemen, that will conclude today's program. We thank you for your participation. You may disconnect at this time.

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SEC filings for MDLZ · Claim quote is verbatim from the 2025Q1 earnings call.