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Mondelez International Inc
XMUN:KTF

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Mondelez International Inc Logo
Mondelez International Inc
XMUN:KTF
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Price: 52.35 EUR Market Closed
Market Cap: €70B

Mondelez International Inc
Investor Relations

Mondelez International makes packaged snacks and sweets that people buy in stores and online. Its best-known products include cookies, chocolate, candy, crackers, and gum sold under brands such as Oreo, Cadbury, Ritz, and Toblerone. The company does not run restaurants or sell ingredients to other food makers; it sells finished branded snack foods to consumers through retailers and distributors. Its main customers are supermarkets, convenience stores, wholesalers, and other food sellers that stock its products on shelves. Mondelez makes money by selling these branded products in large volumes and by using its brand names to keep them in steady demand. Because snacks are usually repeat purchases and many of its products are shelf-stable, the business is built around frequent buying rather than one-time sales. What makes Mondelez different is its place in the food chain: it sits between food factories and the retail shelf, turning well-known brands into everyday packaged snacks. The company focuses on categories people buy for taste and convenience, which gives it a strong role in the global snack market and makes brand recognition especially important.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 28, 2026
AI Summary
Q1 2026

Q1 outperformance: Mondelez said it was ahead of expectations in the quarter, with especially strong performance in emerging markets and improving trends in developed markets, but it still chose to reaffirm full-year EPS guidance because of new cost headwinds.

Emerging markets: Emerging markets remained a key growth engine, with 6.3% growth in Q1 and broad strength across China, India, Brazil, and other markets.

Developed markets: Europe and North America both improved, helped by Easter, better pricing and promotion execution, and stronger performance in brands like Biscoff, Ritz, and several premium and better-for-you products.

Cost pressure: Management said it is dealing with extra costs tied to the Middle East conflict, including higher routing and energy-related pressures, which is why it held the bottom-line outlook steady despite a strong start.

Reinvestment: The company plans to put any near-term upside back into the business through brand investment, promotions, and innovation rather than immediately flowing it through to profits.

Innovation focus: Mondelez highlighted new products in wellness, cakes and pastries, premium chocolate, and the Biscoff partnership as major areas of growth opportunity.

Key Financials
Emerging markets growth
6.3%
Emerging markets volume mix
0.5%
Emerging markets volume growth excluding Argentina
almost 1%
North America net revenue growth
slightly positive
China growth
5%
Emerging markets share of business
40%
Gross margin
down 270 basis points
Inventory phasing headwind
around $350 million
Consumer basket growth in the U.S.
not increased for 3 years
Earnings Call Recording
Other Earnings Calls

Management

Mr. Dirk Van de Put
Chairman & CEO

Dirk Van de Put is the Chairman and Chief Executive Officer of Mondelez International, one of the world’s leading snack companies. He assumed this role in November 2017, succeeding Irene Rosenfeld. Van de Put has brought a wealth of experience from his extensive career in the food and beverage industry, focusing on driving growth and enhancing the company's operational efficiency. Before joining Mondelez, Van de Put served as the CEO of McCain Foods Limited, a global leader in frozen food products. During his tenure at McCain, he led significant growth initiatives and operational improvements, dramatically increasing the company's profitability and global footprint. Van de Put's career spans various leadership positions across the world. He has worked in diverse markets, including Latin America, Europe, and North America, with notable companies such as Coca-Cola, Mars Inc., and Groupe Danone. His strong background in sales, marketing, and management has equipped him with a deep understanding of consumer goods and global business strategies. Under his leadership at Mondelez, Van de Put has focused on a strategy that includes growth through innovation, enhancing the company’s digital capabilities, and a commitment to sustainability. He is recognized for his dynamic leadership style and his commitment to fostering a strong company culture centered around consumer needs and trends.

Mr. Luca Zaramella
Executive VP & CFO

Luca Zaramella is the Executive Vice President and Chief Financial Officer (CFO) of Mondelēz International, Inc., a position he has held since August 2018. Mondelēz International is a leading global snack company known for its iconic brands such as Oreo, Cadbury, Milka, and Trident. In his role as CFO, Luca Zaramella is responsible for the financial operations of the company, including accounting, reporting, financial planning and analysis, treasury, tax, and investor relations. He plays a key role in shaping the financial strategy and driving the company's growth initiatives. He has been with Mondelēz International and its predecessor company, Kraft Foods, for over two decades. Zaramella joined Kraft Foods in 1996 and has held various senior finance roles across different regions and business units. His vast experience within the company has given him a deep understanding of the business and its operations globally. Before being appointed CFO, he served as Senior Vice President, Corporate Finance, where he was responsible for the global corporate financial planning and analysis, as well as global shared services. Luca Zaramella is known for his strong leadership, strategic financial management, and ability to drive business performance. He holds a degree in business administration from Bocconi University in Milan, Italy. His extensive experience and expertise have positioned him as a key leader within Mondelēz International, contributing significantly to the company's financial health and strategic direction.

Ms. Laura Stein J.D.
Executive VP of Corporate & Legal Affairs, General Counsel & Company Secretary

Laura Stein is an accomplished legal professional known for her role as the Executive Vice President, General Counsel, and Corporate Secretary at Mondelēz International Inc., a leading global snack company. With a rich background in law and corporate governance, Stein has developed a reputation for her expertise in navigating complex legal landscapes and guiding multinational companies. Before joining Mondelēz International, Stein held significant positions at major corporations, showcasing her versatility and leadership skills. She served as the Senior Vice President, General Counsel, and Corporate Secretary for The Clorox Company, where she gained extensive experience in handling legal affairs, regulatory compliance, and corporate strategies. She also worked at H.J. Heinz Company in a similar capacity, contributing to her comprehensive understanding of the consumer goods industry. Stein holds a Juris Doctor (J.D.) degree, further solidifying her legal credentials, and her educational background includes prestigious institutions which have prepared her for the complex challenges faced in corporate law and governance. Throughout her career, she has been recognized for her commitment to ethical practices, diversity, and inclusion within the workplace. In addition to her corporate responsibilities, Laura Stein is known for her involvement with various legal and business associations where she shares her insights on leadership, legal trends, and best practices. Her contributions to these organizations and her role at Mondelēz International underscore her status as a respected leader in the legal and business communities.

Mr. Vinzenz Peter Gruber
Executive VP & President of Europe

Mr. Vinzenz Peter Gruber is a prominent executive at Mondelez International Inc., a global leader in the snack industry. He is known for his extensive career and expertise in the consumer goods sector. Gruber holds the position of Executive Vice President and President of Europe for Mondelez International. In this role, he is responsible for overseeing the company's operations across Europe, one of its largest and most dynamic markets. Before joining Mondelez, Gruber built a significant career with various leading companies in the consumer goods industry, gaining valuable experience in leadership, strategic planning, and market expansion. He holds a strong track record of driving growth and innovation, focusing on enhancing consumer engagement and optimizing operational efficiency. Under Gruber’s leadership, Mondelez International in Europe has seen significant strides in sustainability, digital transformation, and expanding its product portfolio to meet evolving consumer preferences. Vinzenz Peter Gruber is highly regarded for his strategic vision and ability to lead teams towards achieving ambitious business goals.

Mr. Gustavo Carlos Valle
Executive VP & President of North America

Gustavo Carlos Valle is a notable executive known for his leadership roles within the food and beverage industry. At Mondelez International Inc., he has served as Executive Vice President and President of the North America region. In this capacity, Valle has been responsible for overseeing the company's operations, strategic growth initiatives, and overall business performance in this key market. Valle's career is distinguished by his extensive experience in the consumer goods sector, where he has developed a reputation for driving innovation, operational excellence, and market expansion. Before joining Mondelez, he held various leadership positions at several prominent multinational companies, including significant roles at Danone, where he contributed to business development and growth across different regions. His leadership style is often characterized by a focus on fostering a culture of collaboration and continuous improvement, aiming to enhance both customer satisfaction and shareholder value. Valle's contributions to Mondelez are marked by efforts to strengthen the company's presence in North America, adapt to changing consumer trends, and leverage Mondelēz’s portfolio of beloved brands to achieve sustainable growth. Given his expertise and strategic vision, Valle continues to be a key figure in shaping the future of Mondelez International’s operations in North America.

Mr. Michael A. Call
Senior VP, Corporate Controller & Chief Accounting Officer

Michael A. Call is an executive known for his contributions to Mondelez International Inc., a global leader in the snack food industry. At Mondelez, he has served in various leadership capacities, significantly influencing the company's financial strategies and operations. As an executive, Mr. Call has been instrumental in driving the financial performance of Mondelez, overseeing areas such as financial planning, analysis, and strategy development. His efforts have contributed to Mondelez's growth, focusing on efficiency and profitability. Prior to his role at Mondelez, Michael A. Call held various positions that equipped him with extensive experience in financial management and international business operations. His background in these areas has been vital in Mondelez's expansion efforts and in navigating the complexities of the global market. Overall, Mr. Call is recognized for his strategic vision and ability to implement effective financial systems that align with Mondelez's long-term objectives, contributing to its position as a key player in the global snacking industry.

Mr. Filippo Catalano
Chief Information and Digital Officer

Filippo Catalano is a prominent business executive known for his leadership in the technology and digital transformation sectors. At Mondelez International, he has served as the Chief Information and Digital Officer. In this role, Catalano has been crucial in spearheading digital innovation and advancing the company's technology strategies to enhance consumer experience and operational efficiency. Before joining Mondelez, Catalano gained extensive experience in the consumer goods industry, having worked for major companies such as Nestlé. At Nestlé, he held various leadership positions, focusing on IT and business solutions that drove digital transformation and improved business processes. Catalano is recognized for his ability to merge business needs with technological advancements, promoting agility and growth within organizations. His contributions have been instrumental in driving forward digital capabilities and fostering a culture of innovation across multiple business units.

Mr. Shep Dunlap
Vice President of Investor Relations

Shep Dunlap is an accomplished executive, known for his role at Mondelez International Inc., a multinational confectionery, food, and beverage company renowned for its wide array of snack brands. At Mondelez, Shep Dunlap serves as Vice President of Corporate and Government Affairs. In this capacity, he is responsible for overseeing the company's engagement with governmental bodies and industry associations, ensuring that Mondelez's interests are effectively communicated and represented. He plays a crucial role in shaping the company's public policy strategies and managing its external affairs to align with business objectives. With his strong background in law and government relations, Dunlap contributes significantly to maintaining Mondelez's positioning in the global marketplace through strategic advocacy and stakeholder engagement. His expertise and leadership within the company help navigate complex regulatory landscapes and promote sustainable business practices.

Ms. Ellen M. Smith
Senior VP, Chief Counsel, Chief Compliance Officer

Ellen M. Smith is a recognized executive in the corporate sector and has served in significant roles in various companies, including Mondelez International Inc. At Mondelez, she has contributed with her extensive experience in leadership and management. Ellen is known for her strategic vision and operational expertise, which have been crucial in driving growth and efficiency within the organization. Prior to her involvement with Mondelez, she has held various senior positions in other prominent companies, where she honed her skills in global operations and talent development. Her leadership style is often described as collaborative and innovative, focusing on empowering teams and fostering a culture of continuous improvement.

Mr. Mohit Bhalla
Vice President of Corporate Development
No Bio Available

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