{"id":808791,"date":"2025-02-04T16:21:19","date_gmt":"2025-02-04T21:21:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-reports-q4-and-fy-2024-results\/"},"modified":"2025-02-04T16:21:19","modified_gmt":"2025-02-04T21:21:19","slug":"mondelez-international-reports-q4-and-fy-2024-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-reports-q4-and-fy-2024-results\/","title":{"rendered":"Mondel\u0113z International Reports Q4 and FY 2024 Results"},"content":{"rendered":"
\n

FY’24 Net Revenues +1.2%, Organic Net Revenues1<\/sup> +4.3%, Volume\/Mix -1.0%<\/p>\n

FY’24 Diluted EPS declined -5.5% to $3.42
FY’24 Adjusted EPS1<\/sup> on a constant currency basis up +13.0% to $3.36<\/p>\n

FY’24 Cash provided by operating activities was $4.9 billion
FY’24 Free Cash Flow1<\/sup> was $3.5 billion
FY’24 Return of capital to shareholders was $4.7 billion<\/p>\n

Company provides FY’25 outlook<\/p>\n

CHICAGO, Feb. 04, 2025 (GLOBE NEWSWIRE) — Mondel\u0113z International, Inc. (Nasdaq: MDLZ) today reported its fourth quarter and full year 2024 results.<\/p>\n

\u201cFiscal 2024 was another strong year of performance for our company. We delivered balanced top-line growth, strong earnings, and robust free cash flow generation, while returning significant capital back to shareholders,” said Dirk Van de Put, Chair and Chief Executive Officer. “As we transition into 2025, we remain focused on executing against our long-term growth strategy and delivering on our chocolate business playbook to navigate unprecedented cocoa cost inflation. Our teams are well-equipped to stay agile and take the necessary actions to navigate this challenging operating environment. We believe we are solidly positioned for attractive long-term top- and bottom-line growth.”<\/p>\n

\n Net Revenue<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n $ in millions<\/strong>\n <\/td>\n\n Reported<\/strong>
\n
\n Net\u00a0Revenues<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Organic\u00a0Net\u00a0Revenue\u00a0Growth<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n %\u00a0Chg<\/strong>
\n
\n vs PY<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Vol\/Mix<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Pricing<\/strong>\n <\/td>\n<\/tr>\n
\n
\n Quarter 4<\/u>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Latin America<\/td>\n$<\/td>\n1,171<\/td>\n\u00a0<\/td>\n(7.2<\/td>\n)%<\/td>\n\u00a0<\/td>\n4.9<\/td>\n%<\/td>\n\u00a0<\/td>\n(1.5<\/td>\n)pp<\/td>\n\u00a0<\/td>\n6.4<\/td>\npp<\/td>\n<\/tr>\n
Asia, Middle East\u00a0& Africa<\/td>\n\u00a0<\/td>\n1,908<\/td>\n\u00a0<\/td>\n9.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
Europe<\/td>\n\u00a0<\/td>\n3,744<\/td>\n\u00a0<\/td>\n5.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.0<\/td>\n)<\/td>\n\u00a0<\/td>\n9.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
North America<\/td>\n\u00a0<\/td>\n2,781<\/td>\n\u00a0<\/td>\n0.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.9<\/td>\n)<\/td>\n<\/tr>\n
\n Mondel\u0113z International<\/strong>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 9,604<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 3.1<\/strong>\n <\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 5.2<\/strong>\n <\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 0.1<\/strong>\n <\/td>\n\n pp<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 5.1<\/strong>\n <\/td>\n\n pp<\/strong>\n <\/td>\n<\/tr>\n
Emerging Markets<\/td>\n$<\/td>\n3,640<\/td>\n\u00a0<\/td>\n1.7<\/td>\n%<\/td>\n\u00a0<\/td>\n6.7<\/td>\n%<\/td>\n\u00a0<\/td>\n0.2<\/td>\npp<\/td>\n\u00a0<\/td>\n6.5<\/td>\npp<\/td>\n<\/tr>\n
Developed Markets<\/td>\n$<\/td>\n5,964<\/td>\n\u00a0<\/td>\n4.0<\/td>\n%<\/td>\n\u00a0<\/td>\n4.3<\/td>\n%<\/td>\n\u00a0<\/td>\n0.1<\/td>\npp<\/td>\n\u00a0<\/td>\n4.2<\/td>\npp<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n Full Year<\/u>
\n <\/strong>\n <\/td>\n		\n FY 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n FY 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Latin America<\/td>\n$<\/td>\n4,926<\/td>\n\u00a0<\/td>\n(1.6<\/td>\n)%<\/td>\n\u00a0<\/td>\n4.6<\/td>\n%<\/td>\n\u00a0<\/td>\n(2.4<\/td>\n)pp<\/td>\n\u00a0<\/td>\n7.0<\/td>\npp<\/td>\n<\/tr>\n
Asia, Middle East\u00a0& Africa<\/td>\n\u00a0<\/td>\n7,296<\/td>\n\u00a0<\/td>\n3.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
Europe<\/td>\n\u00a0<\/td>\n13,309<\/td>\n\u00a0<\/td>\n3.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2.1<\/td>\n)<\/td>\n\u00a0<\/td>\n7.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
North America<\/td>\n\u00a0<\/td>\n10,910<\/td>\n\u00a0<\/td>\n(1.5<\/td>\n)<\/td>\n\u00a0<\/td>\n1.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Mondel\u0113z International<\/strong>\n <\/td>\n\n $<\/strong>\n <\/td>\n\n 36,441<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 1.2<\/strong>\n <\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 4.3<\/strong>\n <\/td>\n\n %<\/strong>\n <\/td>\n\u00a0<\/td>\n\n (1.0)<\/strong>\n <\/td>\n\n pp<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 5.3<\/strong>\n <\/td>\n\n pp<\/strong>\n <\/td>\n<\/tr>\n
Emerging Markets<\/td>\n$<\/td>\n14,163<\/td>\n\u00a0<\/td>\n1.1<\/td>\n%<\/td>\n\u00a0<\/td>\n6.2<\/td>\n%<\/td>\n\u00a0<\/td>\n(0.6)<\/td>\npp<\/td>\n\u00a0<\/td>\n6.8<\/td>\npp<\/td>\n<\/tr>\n
Developed Markets<\/td>\n$<\/td>\n22,278<\/td>\n\u00a0<\/td>\n1.2<\/td>\n%<\/td>\n\u00a0<\/td>\n3.2<\/td>\n%<\/td>\n\u00a0<\/td>\n(1.1)<\/td>\npp<\/td>\n\u00a0<\/td>\n4.3<\/td>\npp<\/td>\n<\/tr>\n<\/table>\n

\n Operating Income and Diluted EPS<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n $ in millions, except per share data<\/strong>\n <\/td>\n\n Reported<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Adjusted<\/strong>\n <\/td>\n<\/tr>\n
\n \u00a0<\/strong>\n <\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n vs PY<\/strong>
\n
\n (Rpt\u00a0Fx)<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n Q4 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n vs PY<\/strong>
\n
\n (Rpt\u00a0Fx)<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n vs\u00a0PY<\/strong>
\n
\n (Cst\u00a0Fx)<\/strong>\n <\/td>\n<\/tr>\n
\n
\n Quarter 4<\/u>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gross Profit<\/td>\n$<\/td>\n3,711<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.9<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n3,025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(14.4<\/td>\n)%<\/td>\n\u00a0<\/td>\n(12.5)<\/td>\n%<\/td>\n<\/tr>\n
Gross Profit Margin<\/td>\n\u00a0<\/td>\n38.6<\/td>\n%<\/td>\n\u00a0<\/td>\n1.3<\/td>\npp<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31.5<\/td>\n%<\/td>\n\u00a0<\/td>\n(6.5<\/td>\n)pp<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Income<\/td>\n$<\/td>\n1,611<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n35.0<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n959<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(31.6<\/td>\n)%<\/td>\n\u00a0<\/td>\n(28.2)<\/td>\n%<\/td>\n<\/tr>\n
Operating Income Margin<\/td>\n\u00a0<\/td>\n16.8<\/td>\n%<\/td>\n\u00a0<\/td>\n4.0<\/td>\npp<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.0<\/td>\n%<\/td>\n\u00a0<\/td>\n(5.1<\/td>\n)pp<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Earnings 2<\/sup><\/td>\n$<\/td>\n1,745<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n83.7<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n868<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(22.2<\/td>\n)%<\/td>\n\u00a0<\/td>\n(17.7)<\/td>\n%<\/td>\n<\/tr>\n
Diluted EPS<\/td>\n$<\/td>\n1.30<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n85.7<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n0.65<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(20.7<\/td>\n)%<\/td>\n\u00a0<\/td>\n(15.9)<\/td>\n%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n Full Year<\/u>
\n <\/strong>\n <\/td>\n		\n FY 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n FY 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Gross Profit<\/td>\n$<\/td>\n14,257<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.6<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n13,766<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.2<\/td>\n%<\/td>\n\u00a0<\/td>\n5.1<\/td>\n%<\/td>\n<\/tr>\n
Gross Profit Margin<\/td>\n\u00a0<\/td>\n39.1<\/td>\n%<\/td>\n\u00a0<\/td>\n0.9<\/td>\npp<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n37.8<\/td>\n%<\/td>\n\u00a0<\/td>\n0.3<\/td>\npp<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Income<\/td>\n$<\/td>\n6,345<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15.3<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n5,899<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.7<\/td>\n%<\/td>\n\u00a0<\/td>\n8.1<\/td>\n%<\/td>\n<\/tr>\n
Operating Income Margin<\/td>\n\u00a0<\/td>\n17.4<\/td>\n%<\/td>\n\u00a0<\/td>\n2.1<\/td>\npp<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16.2<\/td>\n%<\/td>\n\u00a0<\/td>\n0.3<\/td>\npp<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Earnings 2<\/sup><\/td>\n$<\/td>\n4,611<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7.0<\/td>\n)%<\/td>\n\u00a0<\/td>\n$<\/td>\n4,521<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.1<\/td>\n%<\/td>\n\u00a0<\/td>\n10.9<\/td>\n%<\/td>\n<\/tr>\n
Diluted EPS<\/td>\n$<\/td>\n3.42<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.5<\/td>\n)%<\/td>\n\u00a0<\/td>\n$<\/td>\n3.36<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.1<\/td>\n%<\/td>\n\u00a0<\/td>\n13.0<\/td>\n%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n
\n Full Year Commentary<\/u>
\n <\/em>\n <\/p>\n