With 2022 net revenues of approximately $31 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate. to let us know you're having trouble. We are using cookies in order to facilitate your navigation. js.src = "//connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.4"; CHICAGO, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced it is committing to a 2050 target of net zero greenhouse gas emissions across its full value chain. All Rights Reserved. 108 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The company will take an end-to-end approach in its aim to reach its net zero emissions target by focusing efforts across key areas and delivering against its existing goals and targets: Sustainably Sourced Ingredients2 and Packaging: Building on Existing Commitments and Actions Compare pay for popular roles and read about the team's work-life balance. Mondelez has an annual revenue of about $26 billion and operates in approximately 160 countries. The Part Time Retail Merchandiser position offers an hourly compensation rate of $17.00 per hour based on relative experience. “We are thrilled to welcome Clif Bar & Company’s iconic brands and passionate employees into the Mondelēz International family,” said Dirk Van de Put, Chairman and CEO of Mondelēz International. para nos informar sobre o problema. About Mondelēz International Mondelēz International, Inc. and SubsidiariesReconciliation of GAAP and Non-GAAP Financial Measures(Unaudited). 1Ir.mondelezinternational.com2 Sustainably sourcing principles found at CocoaLife.org and Harmony.info3 Baseline 2020 and assuming constant portfolio mix4 Baseline 20185 Sustainable sourcing defined at CocoaLife.org and Harmony.info6 2020 Actuals7 Baseline 2013. fjs.parentNode.insertBefore(js, fjs); See the attached schedules for supplemental financial data and corresponding reconciliations of the non-GAAP financial measures referred to above to the most comparable U.S. GAAP financial measures for the three months ended March 31, 2023 and March 31, 2022. Live within 25 miles range from the primary location in Central Phoenix, AZ. At Mondelēz International, our purpose is to empower people to snack right. [35] The acquisition was completed on April 3, 2020. These marketable securities are measured at fair value based on quoted prices in active markets for identical assets (Level 1). The costs include incremental expenses related to the closure of facilities, costs to terminate certain contracts and the simplification of the company’s information systems. The company believes it is appropriate to disclose this measure to help investors analyze segment performance and trends. [53][54], The report documents how in several national parks and other protected areas, 90% or more of the land mass has been converted to cocoa. About Us Mondelēz International empowers people to snack right in over 150 countries around the world. DEFINITIONS OF THE COMPANY’S NON-GAAP FINANCIAL MEASURESThe company’s non-GAAP financial measures and corresponding metrics reflect how the company evaluates its operating results currently and provide improved comparability of operating results. The company reports its financial results in accordance with accounting principles generally accepted in the United States (“U.S. the partial or full sale of an equity method investment and changes from equity method investment accounting to accounting for marketable securities. Featuring Punit Jain, CTO, APAC, Mondelēz International this week, New Delhi: Today’s CIO must know how to leverage technology to create value for the business. I am proud to have the snacking powerhouse choose NJ-11 for such a significant global facility.”. Given our strong Q1 performance, we are raising our net revenue and earnings outlook for the year.”. On July 11, 2019, the company received an undiscounted withdrawal liability assessment related to the company's completewithdrawal from the Bakery and Confectionery Union and Industry International Pension Fund totaling $526 million and requiring pro-rata monthly payments over 20 years. The company began making monthly payments during the third quarter of 2019. CTO APAC, Global Digital Workplace Leader The present enterprise was established in 2012 when Kraft Foods was renamed Mondelez and retained its snack food business, while its grocery business was spun off to a new company called Kraft Foods Group. js = d.createElement(s); js.id = id; Please enable Cookies and reload the page. Visit www.mondelezinternational.com or follow the company on Twitter at https://www.twitter.com/MDLZ. The transaction is expected to be top-line accretive in year two and create cost synergies by using Mondelez International’s global and North American scale to expand Clif’s sales distribution and gain further penetration in existing and new customers and channels in the U.S. “Mondelēz International is the right partner at the right time to support Clif in our next chapter of growth,” said Sally Grimes, Chief Executive Officer, Clif Bar & Company. The company recorded net unrealized gains on commodity, forecasted currency and equity method transaction derivatives of $48 million in the three months March 31, 2023, and $28 million in the three months ended March 31, 2022. On January 3, 2022, the company acquired 100% of the equity of Chipita Global S.A. (“Chipita”), a leading croissants and baked snacks company in the Central and Eastern European markets. [27][28], On June 30, 2016, Mondelez made a $23 billion offer to buy its smaller rival, Hershey. "Cocoa production in West Africa, a review and analysis of recent developments". We are sorry for the inconvenience. End-to-End Approach to Net Zero Target As a leader and innovator in well-being and sustainable snacking in the U.S, Clif Bar & Company embodies our purpose to ‘empower people to snack right’ and we look forward to advancing this important work with Clif’s committed colleagues in the years ahead.". Mondelēz International Reports Q1 2023 Results First Quarter Highlights Net revenues increased +18.1% driven by Organic Net Revenue 1 growth of +19.4% with underlying Volume/Mix of +3.2% Diluted EPS was $1.52, up 149.2%; Adjusted EPS 1 was $0.89, up +17.3% on a constant currency basis Since the company purchases commodity and forecasted currency transaction contracts to mitigate price volatility primarily for inventory requirements in future periods, the company makes this adjustment to remove the volatility of these future inventory purchases on current operating results to facilitate comparisons of its underlying operating performance across periods. These charges were for severance and related costs, non-cash asset write-downs (including accelerated depreciation and asset impairments) and other adjustments, including any gains on sale of restructuring program assets. However, management believes that also presenting certain non-GAAP financial measures provides additional information to facilitate the comparison of the company’s historical operating results and trends in its underlying operating results, and provides additional transparency on how the company evaluates its business. The name is derived from the Latin word mundus ("world") and delez, a fanciful modification of the word "delicious. In addition, we added to the non-GAAP definitions the exclusion of gains or losses associated with marketable securities. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Mondelez International, Inc. (/ ˌ m oʊ n d ə ˈ l iː z / MOHN-də-LEEZ), styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. The company also incurred acquisition integration costs of $6 million in the three months ended March 31, 2023, and $35 million in the three months ended March 31, 2022. When these definitions change, the company provides the updated definitions and presents the related non-GAAP historical results on a comparable basis. These results were driven by ongoing pricing execution to offset cost inflation and solid volume growth,” said Dirk Van de Put, Chairman and Chief Executive Officer. – HSBC The deal is expected to close in the fourth quarter of 2023. [20] Kraft spent $1.3 billion on integration to achieve an estimated $675 million in annual savings by the end of 2012. om ons te informeren over dit probleem. Si vous continuez à voir ce In addition, historical, current and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future. Click the covers below to learn which snacks are the best options for your customers in each of these important segments. As one of the world's leading chocolate companies, we are focused on continuing to make cocoa right. At Mondelēz International, we're on a mission to lead the future of snacking by creating snacks the right way for both people and planet to love. }(document, 'script', 'facebook-jssdk')); Copyright © 2023 Indiaretailing.com. With 2021 net revenues of approximately $29 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. See below for a description of adjustments to the company’s U.S. GAAP financial measures included herein. the risks and uncertainties, as they may be amended from time to time, set forth in our filings with the U.S. Securities and Exchange Commission, including our most recently filed Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Acquisitions, Acquisition-related costs and Acquisition integration costs and contingent consideration adjustmentsAcquisition-related costs, which includes transaction costs such as third party advisor, investment banking and legal fees, also includes one-time compensation expense related to the buyout of non-vested employee stock ownership plan shares and realized gains or losses from hedging activities associated with acquisition funds. [45], For the fiscal year 2017, Mondelēz International reported earnings of US$2.922 billion, with an annual revenue of US$25.896 billion, a decline of 0.1% over the previous fiscal cycle. In 2020 the company announced that the headquarters were moving to Chicago. Apr 2014 – present ", "Oreo maker scoops up Tate's chocolate-chip cookies", "Riverside completes its sale of Tate's Bake Shop to Mondelēz International Inc", "Oreo-owner Mondelez to take majority stake in Perfect Bar-parent, Perfect Snacks", "Mondelēz International Completes Acquisition of Majority Interest in Perfect Snacks", "Mondelez buys majority stake in Canadian maker of two-bite brownies Give & Go", "Mondelēz International completes acquisition of Give & Go", "Mondelez buys chocolate-bar maker Hu to expand healthy snack business", "Mondelēz International Acquires High-Growth European Snacking Company, Chipita S.A. | Mondelēz International, Inc", "Mondelēz International Completes Acquisition of Chipita Global S.A., High-Growth European Leader in Croissants and Baked Snacks | Mondelēz International, Inc", "Mondelēz International acquires Grupo Bimbo business for $1.3 billion | FDBusiness.com", "Mondelez ditches Trident and Dentyne gum in America", "Mondelez to buy energy bar maker Clif Bar for about $3 billion", "Snack food giant Mondelez to sell its gum business, including a Rockford facility and brands, including Trident", "Oreo-maker Mondelez to move headquarters and 400 jobs to Chicago, leaving Deerfield", "Mondelz International.docx | Mondelez International | Pension", "Cars out, snacks in as virus impacts US company profits", Olam Livelihood Charter 2016: Equipping smallholders to secure their future. In the past year, the company made significant progress against, and exceeded many, of its existing 2020 and 2025 targets, including: For further information on Mondelēz International's sustainability strategy, goals and progress, please see the company's 2020 Snacking Made Right Report. A listen-only webcast will be provided at www.mondelezinternational.com. Poaching contributes to forest elephant declines in Côte d'Ivoire, new numbers reveal. [66] Cocoa Life farms accounted for 43% of Mondelez' cocoa needs by 2018 and the company planned to have 100% coverage with Cocoa Life by 2025. Mondelēz International will continue to operate the Clif Bar & Company business from its headquarters in Emeryville, CA, nurturing its entrepreneurial spirit and maintaining the brand’s purpose and authenticity. – A&M consultants Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Get email updates for new Retail Merchandiser jobs in Tempe, AZ. Mondelez Canada holds the rights to Christie Brown and Company, which consists of brands such as Mr. Christie, Triscuits, and Dad's Cookies. The adjustments generally fall within the following categories: acquisition & divestiture activities, gains and losses on intangible asset sales and non-cash impairments, major program restructuring activities, constant currency and related adjustments, major program financing and hedging activities and other major items affecting comparability of operating results. Wenn There may be other factors not presently known to Mondelēz International or which it currently considers to be immaterial that could cause Mondelēz International’s actual results to differ materially from those projected in any forward-looking statements it makes. Mondelez International's portfolio includes several billion-dollar components, among them cookie and cracker brands Belvita, Chips Ahoy!, Oreo, Ritz, TUC, Triscuit, LU, Club Social, Sour Patch Kids, Barny, and Peek Freans; chocolate brands Milka, Côte d'Or, Toblerone, Cadbury, Green & Black's, Freia, Marabou, Fry's, Lacta, and Alpen Gold; gum and cough drop brands Trident, Dentyne, Chiclets, Halls, and Stride; as well as Tate's Bake Shop cookies and powdered beverage brand Tang.[10]. This article first appeared in the November 2022 edition of Images Retail. Mondelez International brands (formerly Kraft Foods Inc.) includes brand-name products that are developed, owned, licensed, or distributed by Mondelez International. By continuing to navigate on this website or clicking on the close button you accept our policy regarding the usage of cookies. Referrals increase your chances of interviewing at Mondelēz International by 2x. Earnings attributable to Mondelēz International. The company recorded $143 million of total expenses ($145 million after-tax) incurred as a direct result of the war. Food and Beverage Services, Food and Beverage Manufacturing, and Manufacturing, Belfast, Northern Ireland, United Kingdom, Production Process Engineer (Isle of Man), Lead Process Engineer – Green Hydrogen Production, Craigavon, Northern Ireland, United Kingdom, New Product Development - Process Engineer / Technologist, Chipping Campden, England, United Kingdom, See who Mondelēz International has hired for this role, Mint Selection Clean Energy Recruitment Specialist, 2.1 degree or equivalent (predicted or achieved) in one of the following disciplines, A strong interest in FMCG (Fast Moving Consumer Goods). OUTLOOKThe company’s outlook for 2023 Organic Net Revenue growth, Adjusted EPS growth on a constant currency basis and Free Cash Flow are non-GAAP financial measures that exclude or otherwise adjust for items impacting comparability of financial results such as the impact of changes in currency exchange rates, restructuring activities, acquisitions and divestitures. Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. The acquisition added incremental net revenues of $171 million and operating income of $9 million during the three months ended March 31, 2023. The acquisition of Ricolino builds on our continued prioritization of fast-growing snacking segments in key geographies. – Mondelēz International Reimbursement of business internet/data expenses up to $10/per month if company device is not provided. Mondelez International, Inc. The acquisition added incremental net revenues of $218 million and operating income of $35 million during the three months ended March 31, 2023. | Source: Additionally, local elected officials including New Jersey Secretary of State Tahesha Way, Hanover Township Mayor Thomas “Ace” Gallagher, and other dignitaries also attended the grand opening event and recognized Mondelēz for its long-term investment in the state and local business community. Mondelēz International will host a conference call for investors with accompanying slides to review its results at 5 p.m. With the addition of the Whippany, NJ Global Innovation Center, Mondelēz further expands its footprint in New Jersey, at a location close in proximity to the company’s North American headquarters office. This press release contains forward-looking statements. – IT asset management, Education Apply to the latest jobs near you. Here, we produce our well-loved household favorites to provide our consumers with the right snack, at the right moment, made the right way. las molestias. ● As of mid-August 2022, the largest Russian job search site HeadHunter (hh.ru) had 25 vacancies posted for Mondelez Rus, which is approximately 1% of the company's local workforce. The company records currency translation adjustments as a component of equity (except for highly inflationary currencies) and realized exchange gains and losses on transactions in earnings. – Dell verdade. Mondelez International's Cocoa Life Partners with FLOCERT to Verify Supply Chain. CHICAGO, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today advanced its commitment to helping create a circular economy for plastic by joining Circulate Capital Ocean Fund (CCOF) as a limited partner and making an investment in CCOF supporting scalable business solutions to help develop infrastructure for the co. Schedule 1: Mondelēz International, Inc. and Subsidiaries: Condensed Consolidated Statements of Earnings (in millions of U.S. dollars and shares, except per share data) As part of the day’s festivities, employees marked this important milestone with a milk and OREO cookie celebratory toast, a tree planting ceremony led by the site’s Green Team focused on sustainability, and a commemorative beam signing at the site.
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