Mondelez International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 30, 2024 at 04:05 pm
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Mondelez International, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 9,290 million compared to USD 9,166 million a year ago. Net income was USD 1,412 million compared to USD 2,081 million a year ago.
Basic earnings per share from continuing operations was USD 1.05 compared to USD 1.52 a year ago. Diluted earnings per share from continuing operations was USD 1.04 compared to USD 1.52 a year ago.
Mondelez International, Inc. is one of the world's leading food processing groups. Net sales break down by family of products as follows:
- cookies and snacks (48.9%): Barni, belVita, Chips Ahoy, Club Social, Enjoy Life Foods, Honey Maid, Kinh Do, LU, Oreo, Prince, Ritz, Tate's Bake Shop, Tiger, Triscuit, TUC, Wheat Thins, etc. brands;
- chocolates (29.5%): 5 Star, Alpen Gold, Cadbury, Cadbury Dairy Milk, Côte d'Or, Daim, Freia, Hu, Lacta, Marabou, Milka, Toblerone, etc. brands;
- chewing gums and candies (12.3%): Halls, Clorets, Maynards Bassett's, Sour Patch Kids, Stride, etc. brands;
- cheese and grocery products (6%);
- beverages (3.3%): juices, teas and powdered beverages (Tang brand) and malted beverages (Cadbury Bournvita).
At the end of 2023, the group had 148 manufacturing sites worldwide.
Net sales are distributed geographically as follows: the United States (26.6%), North America (4.2%), Europe (35.7%), Asia/Pacific/Middle East/Africa (19.6%) and Latin America (13.9%).
MONDELEZ INTERNATIONAL, INC. 
