Mondelēz International Reports Q2 2022 Results

Second Quarter Highlights
Net revenues increased +9.5% driven by Organic Net Revenue1 growth of +13.1% with underlying Volume/Mix of +5.1%
Diluted EPS was $0.54, down 28.9%; Adjusted EPS1 was $0.67, up +9.1% on a constant-currency basis
Year-to-date cash provided by operating activities was $2.0 billion, an increase of +$0.2 billion versus prior year; Free Cash Flow1 was $1.6 billion, +$0.2 billion
Return of capital to shareholders was $2.5 billion in the first half of the year
Announced agreement to acquire Clif Bar, a leader in high growth, well-being snack bars, creating a $1+ billion global snack bar business
Announcing +10% increase to quarterly dividend
Raising Organic Net Revenue growth outlook for full year to 8%+

Mondelez Member since June 22, 2022

Loading + Follow Following

We’re a house of incredible brands providing people with the right snack, for the right moment, made the right way. https://www.mondelezinternational.com/

Do you like Mondelez's articles? Follow on social!