Mondelēz International: Reports Q1-2021 Results

Chicago / IL. (mdlz) Mondelez International reported its first quarter 2021 results. «Our first quarter results demonstrate that we are emerging from the Covid-19 pandemic stronger, as we continue to build upon our track record of robust growth, profitability and cash generation,» said Dirk Van de Put, Chairman and Chief Executive Officer. «We saw continued improvement across emerging markets, healthy demand in developed markets and another quarter of strong share performance. We remain squarely focused on accelerating growth by further strengthening our core brand and expanding our presence in high-growth channels, categories and adjacencies. Our strategy is working, and our business is better positioned than ever before.»

First Quarter Highlights

  • Net revenues increased 7.9 percent driven by Organic Net Revenue growth of 3.8 percent, favorable currency and acquisitions
  • Diluted EPS was USD 0.68, up 33.3 percent; Adjusted EPS was USD 0.77, up 10.6 percent on a constant-currency basis
  • Cash provided by operating activities was USD 915 million; Free Cash Flow was USD 699 million
  • Return of capital to shareholders was USD 1.5 billion

For additional information please read the Company’s PDF file below (104 KB):