Press release
Mondelēz International Reports Q4 and FY 2021 Results
Full Year Highlights Net revenues increased +8.0% driven by Organic Net Revenue1 growth of +5.2%, favorable currency and acquisitionsDiluted EPS was $3.04, up
About this update from Mondelez International, Inc.
[{"type":"text","content":"Full Year Highlights Net revenues increased +8.0% driven by Organic Net Revenue1 growth of +5.2%, favorable currency and acquisitionsDiluted EPS was $3.04, up +23.1%; Adjusted EPS1 was $2.87, up +9.0% on a constant-currency basisCash provided by operating activities was $4.1 billion, an increase of +$0.2 billion versus prior year; Free Cash Flow1 was $3.2 billion, an increase of +$0.1 billionReturn of capital to shareholders was $3.9 billion Fourth Quarter Highlights Net revenues increased +4.9% primarily driven by Organic Net Revenue growth of +5.4%Diluted EPS was $0.71, down -11.3%; Adjusted EPS was $0.71, up +9.1% on a constant-currency basisReturn of capital to shareholders was $0.8 billion CHICAGO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today reported its fourth quarter 2021 results. \"2021 marked another year of strong top and bottom-line results despite a challenging macro environment,\" said Dirk Van de Put, Chairman and Chief Executive Officer. \"We continued to execute well against our strategic growth initiatives with volume-led topline growth, strong profitability, increased investments in brands and capabilities, and strong free cash flow generation. We further strengthened our portfolio with the addition of several growth accretive acquisitions, which increase our exposure to broader snacking categories and expanding profit pools. I am proud of the way our colleagues continue to respond to challenging operating conditions by maintaining focus on delivering great products for our consumers and customers, while advancing against our ESG goals. We are confident that our brands, strategy and focus on execution position us well to successfully navigate near-term volatility; to profitably deliver against a clear set of sizable growth opportunities; and to achieve our long-term financial targets in 2022 and beyond.\" Net Revenue $ in millionsReportedNet Revenues Organic Net Revenue Growth Q4 2021 % Chgvs PY Q4 2021 Vol/Mix PricingQuarter 4 Latin America$ 708 12.4 % 19.7 % 4.6 pp 15.1 ppAsia, Middle East & Africa 1,639 7.1 5.8 4.6 pp 1.2 Europe 3,121 5.5 6.5 4.6 pp 1.9 North America 2,190 0.6 (0.3) (1.2)pp 0.9 Mondelēz International$ 7,658 4.9 % 5.4 % 2.8 pp 2.6 pp Emerging Markets$ 2,692 8.8 % 11.1 % 5.8 pp 5.3 ppDeveloped Markets$ 4,966 2.9 % 2.5 % 1.3 pp 1.2 pp Full Year 2021FY 202...