Mondelez is a large American corporation based in Chicago
- its business is particularly focused on snacks
- owns and operates a number of brands globally such as
- Toblerone🍫
- Halls💨
- Tuc🍞
It is listed on the Nasdaq and has a capitalisation of $92bn. Yesterday the company reported its quarterly
- saw like-for-like revenues (i.e. excluding acquisitions) up 5.4% compared to the same quarter in 2023
- there was an increase in prices, but also in sales volumes (it would be interesting to know the volume or sales growth figures net of inflation)
On 2024 the company confirms its indication of sales growth in the 3-5% range. The share price has gained about 25% this year. On consumption read here
