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:
- Krispy Kreme: Reports Robust Q1-2022 Financial Results [LU] Fri 05-13
- General Mills: Announces Acquisition of TNT Crust [US] Fri 05-13
- Aramark: Reports Second Quarter 2022 Earnings [US] Thu 05-12
- Sysco: Reports Third Quarter Fiscal 2022 Results [US] Thu 05-12
- The Middleby Corporation: Reports Q1-2022 Results [US] Thu 05-12
- Mondelēz: Provides Update on Long-Term Growth Strategy [US] Thu 05-12
- GrubMarket: Expands Into Florida through Acquisition [US] Thu 05-12
- General Mills: names general counsel and corporate secretary [US] Thu 05-12
- TreeHouse Foods: Reports Q1-2022 Financial Results [US] Wed 05-11
- Cloetta AB: plans to invest in a new sustainable facility [SE] Wed 05-11
- Sodexo: First half Fiscal 2022 Results up strongly [FR] Wed 05-11
- Tattooed Chef: Reports Q1-2022 Financial Results [US] Wed 05-11
- Unilever PLC: Reports Q1-2022 Financial Results [UK] Wed 05-11
- Compass Group: announces encouraging start in Q1-2022 [UK] Wed 05-11
- Ingredion: Delivers Solid Growth in First Quarter 2022 [US] Tue 05-10
- Grupo Bimbo: Reports First Quarter 2022 Results [MX] Tue 05-10
- Paulig Group: completes sale of its business in Russia [FI] Tue 05-10
- Fazer: appoints Managing Director of Lifestyle Foods Business [FI] Tue 05-10
- McCormick: Names Chief Operating Officer [US] Tue 05-10
- Panera Bread: announces SVP Chief Legal Officer [US] Tue 05-10
- Papa John’s: Announces First Quarter 2022 Financial Results [US] Mon 05-09
- Lancaster Colony: Reports Q3-2022 Sales and Earnings [US] Mon 05-09
- B+G Foods: Reports Q1-2022 Financial Results [US] Mon 05-09
- PepsiCo: Reports First Quarter 2022 Financial Results [US] Mon 05-09
- Kellogg Company: Reports 2022 First Quarter Results [US] Sat 05-07
- Post Holdings: Reports Second Quarter 2022 Results [US] Sat 05-07
- B+G Foods: Acquires Manufacturing Operations of Growers Express [US] Sat 05-07
- Farmer Bros.: Reports Q3 Fiscal 2022 Financial Results [US] Sat 05-07