Mondelez net revenue slides 3.7% despite strong performance in emerging markets

USA – Mondelez International’s reported a 3.7% decline in net revenue despite strong performance from emerging markets which saw 5.4% growth in organic net revenues in the third quarter. In emerging markets, growth was driven by strength in Russia, India, Mexico, China, Southeast Asia and Africa. It reported revenues of US$6.30 billion and earnings per…

Mondelēz International commits to making all packaging recyclable by 2025

USA - Mondelēz International, an American multinational confectionery, food, and beverage company, has announced a new commitment to make all packaging recyclable and provide recycling information by 2025. According to the company, it will work in partnerships so that packaging can be collected and recycled in markets around the world, as part of the company’s…

Mondelez adopts contingency plans as businesses prepare in case of a hard Brexit

EUROPE – Mondelēz International, owners of the iconic British chocolate brand Cadbury’s, has begun stockpiling ingredients and finished products like chocolates and confectionery to avoid the potential pitfalls of a no-deal Brexit scenario. According to FoodingredientsFirst, many businesses are adopting contingency plans in case of a hard Brexit as the clock continues to count down…

Mondelez International reports significant progress against the 2020 impact goals

USA – Mondelēz International, an American multinational confectionery, food, and beverage company, has reported important progress against its 2020 impact goals in its 2017 Impact For Growth Progress Report recently released. According to the company, the report details progress against sustainable agriculture and environmental footprint goals, as well as global expansion of healthy lifestyle and…

Mondelēz International reports 2.1% revenue increase in second quarter results

NEW ZEALAND - Mondelēz International, Inc., has reported 2.1% increase in net revenues, with organic net revenue growth of 3.5% in its second quarter 2018 results. According to the company, the operating income margin was 7.9%, down 270 basis points, while adjusted operating income margin was 16.7%, up 130 basis points. The diluted EPS was…

Mondelez president Valerie Oswalt to join Century Snacks as CEO

USA – Mondelez, an American multinational confectionery, food, and beverage company, has announced that Valerie Oswalt, president of North America Confections, is joining Century Snacks as CEO. Century Snacks is an American premier snack food producer. According to Candy & Snacks, Oswalt will bring more than 20 years of consumer packaged food experience to her…

Mondelez launches new Cadbury Dairy Milk with 30% less sugar

UK – Mondelez, an American multinational confectionery, food and beverage company, has launched new Cadbury Dairy Milk will be available in a new bar with 30% less sugar, offering consumers greater choice and helping them to manage their sugar intake. According to company, the new bar marks the most significant innovation in the brand’s history,…

Cadbury Nigeria unveils stakeholders training to promote healthy living

NIGERIA - Cadbury Nigeria has unveiled training of its stakeholders to build on its recently launched healthy lifestyle programme to promote healthy living among children and adults, reported the Guardian. The project aims to inculcate healthy habits in children and in the long run improve the wellbeing of Nigerians. In partnership with Helen Keller International…

Mondelez releases its annual progress report for Cocoa Life program

USA - Mondelēz International, an American multinational food and beverage company, has published its third annual progress report for its signature sustainable sourcing program, Cocoa Life. Through Cocoa Life, the company also increased its sourcing of sustainable cocoa to 35%, up 14 points from 2016. Cocoa sustainably sourced through Cocoa Life was expanded to more…

Mondelēz International announces OREO brand will display Cocoa Life logo

USA - Mondelez International has announced that from the end of March, the OREO brand will be covered by its industry leading sustainable cocoa sourcing programme, Cocoa Life. OREO packs will display the Cocoa Life logo, which will be present across the full range by the end of this year. According to the company, this…