Press release
Mondelēz International Showcases Continued Progress on Sustainable Growth, Highlights Attractive Cakes and Pastries Opportunities at 2025 CAGNY Conference
Doubling down on core categories of chocolate, biscuits and baked snacks supported by sustainable reinvestmentUnique opportunity to win in large, fast-growing
About this update from Mondelez International, Inc.
[{"type":"text","content":"Doubling down on core categories of chocolate, biscuits and baked snacks supported by sustainable reinvestmentUnique opportunity to win in large, fast-growing cakes and pastries adjacency CHICAGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ: MDLZ) today will highlight its continued growth, portfolio transformation, and commitment to long-term value creation at the 2025 Consumer Analyst Group of New York (CAGNY) Conference. Chairman and Chief Executive Officer Dirk Van de Put and Chief Financial Officer Luca Zaramella will provide insights into the company’s strategic priorities and market leadership across key categories, including growth in attractive adjacencies like cakes and pastries. “Our strong foundation of iconic brands and attractive categories position us for continued value creation,” said Dirk Van de Put, Chair and CEO of Mondelēz International. “We’re excited about our strong playbook to win in large and attractive adjacencies, like cakes and pastries, that provide a significant runway of growth opportunities.” Delivering Resilient Growth Mondelēz International has continued to deliver against its long-term growth algorithm, including 4.3% organic net revenue growth and 5.1% adjusted gross profit dollar growth in 2024, despite record cocoa input cost inflation, demonstrating consumers’ continued loyalty to their favorite chocolate, biscuits, and baked snacks brands. The Company’s $2 billion cakes and pastries business, which currently holds a #3 global share position, is growing share and is well-positioned to accelerate growth. “We have always remained focused on a simple but proven playbook: Acquiring the right opportunities, executing a strong integration plan, and accelerating growth in our newly acquired brands through expanded distribution and elevated marketing capabilities,” said Chief Financial Officer Luca Zaramella. Today’s CAGNY presentation will focus on four key areas of the Company’s strategy: Continuing progress on long-term, sustainable growth strategy – advancing portfolio reshaping and strong execution to deliver 90% of revenue from chocolate, biscuits and baked snacksNavigating record cocoa input costs while growing market leadership across trusted and loved brandsWinning in the fast-growing, $97 billion cakes and pastries category, executing the Company’s proven playbo...