Dienstag, 26. September 2023

Global Industry: Mondelēz Provides Update on Growth Strategy

Bremerhaven. (bm) Mondelez International unveiled the evolution of its strategy to accelerate growth and focus its portfolio to generate strong, sustainable shareholder value. As a result, the Company is updating its long-term algorithm to three percent – five percent Organic Net Revenue growth, up from previous guidance of three percent plus. Additionally, the Company announced plans to divest its developed market gum business after completing a strategic review over the past year. The Company also disclosed its intention to divest the global Halls business. Other topics of the week: