Dirk Van de Put
Mondelēz hails annual growth, with European and US operations performing strongly
The European and US operations of Mondelēz International helped secure improved annual net revenues up 9.7% to $31.49 billion, as the business also delivered encouraging results for its fourth quarter, reports Neill Barston.
Mondelēz International’s State of Snacking report highlights key market growth, including plant-based ranges
The fourth annual State of Snacking report from Mondelēz International has found a strong majority of consumers – 71% will treat themselves twice a day, with an even greater number, 78% doing so in a mindful manner, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Mondelēz agrees $1.3 billion deal for key gum businesses to Perfetti Van Melle
Mondelēz International has struck a key deal valued at $1.35 billion to sell its US, Canadian and European gum businesses to the Perfetti Van Melle Group, as part of its wider development strategy, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
World Cocoa Foundation strives to support sustainable supply chains, despite key Ghana and Ivory Coast challenges
The World Cocoa Foundation has concluded its latest annual partnership meeting, pledging commitments to improve supply chains and also drive further impact on engaging with farmers to deliver on living incomes, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Mondelēz International commits additional $600 million to Cocoa Life scheme, amid major sector tests
Mondelēz International has pledged a major additional investment of $600 million into its Cocoa Life initiative, as the sector in West Africa continues to face key child labour and deforestation challenges, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Packaging, Processing, Sustainability
Mondelēz marks 10th anniversary reaffirming its responsible enjoyment values
Mondelēz International has marked its 10th anniversary under its present branding through reaffirming its mission values of empowering consumers to enjoy confectionery and snacks responsibly, writes Neill Barston.
Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Regulatory, Sustainability
Mondelēz claims key progress with latest ESG business practice report
The CEO and chairman of Mondelēz International, Dirk Van de Put, has welcomed progress against a range of its environmental, social and governance (ESG) goals across its business, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Mondelēz secures $2.9 billion deal for US-based Clif Bar & Company nutrition ranges
Global confectionery and snacks group Mondelēz International has agreed a key $2.9 billion deal acquiring US nutrition bar manufacturer Clif Bar & Company, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing
Mondelēz International releases latest Snacking Made Right report charting sustainability progress
Mondelēz International has released its 2021 Snacking Made Right report, revealing its ongoing work targeting its environment, social and governance goals within key supply chains, including cocoa and palm oil, reports Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Mondelēz strategy targets key chocolate and biscuit market growth
Mondelēz International has unveiled its strategy for accelerating growth within the company, which will centre on reshaping its portfolio honing in on chocolate and biscuit ranges, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Mondelēz International reveals results upturn for 2022 first quarter
Mondelēz International has delivered its first quarter results, which show net revenue growth of 7.3% to $7.7 billion, boosted by a notable performance by its chocolate and biscuit businesses, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Mondelēz faces claims of cocoa sector child labour in Ghana with Channel 4 documentary
Mondelēz International has come under fire in a UK Channel 4 television documentary uncovering cases of cocoa sector child labour allegedly linked to the business in Ghana – which the company has stressed is against its policies, writes Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Mars CEO Grant F Reid issues plea for peace in Ukraine with donations for humanitarian aid
The CEO of Mars, Grant F. Reid has issued a heartfelt plea for peace in Ukraine, donating $2 million in support of the nation in the wake of the invasion from Russia this week, writes Neill Barston
Business news, Cocoa & chocolate, New products, Regulatory, Sustainability
Mondelēz International reports improve global sales of $28 billion
Mondelēz International has released its latest annual figures for 2021, revealing key organic growth of 8%, posting net revenues of $28.7 billion for its global activities, reports Neill Barston.