Mondelēz International highlighted its progress on sustainable growth and expansion into the cakes and pastries market at the 2025 Consumer Analyst Group of New York (CAGNY) Conference. CEO Dirk Van de Put emphasized the company’s strong portfolio and commitment to long-term value creation, noting that its $2 billion cakes and pastries business holds the third-largest global market share and is positioned for further growth.
In 2024, Mondelēz achieved 4.3% organic net revenue growth and 5.1% adjusted gross profit growth, despite record cocoa input cost inflation. CFO Luca Zaramella reaffirmed the company's focus on strategic acquisitions, integration, and expanding newly acquired brands.
The presentation outlined four key priorities: sustaining long-term growth with a focus on chocolate, biscuits, and baked snacks; navigating high cocoa costs while maintaining market leadership; capitalizing on the $97 billion cakes and pastries market; and driving value through cash generation and disciplined capital allocation.
The company’s presentation materials are available on its investor website. Mondelēz, with 2024 net revenues of $36.4 billion, continues to expand its global snacking leadership with brands like Oreo, Ritz, Cadbury, and Milka.
2025-02-19
Comments
Share your comments