Mondelez sees 4.3% organic growth in 2024 but faces margin pressures from soaring cocoa costs. Discover 2025 outlook & ...
Van de Put added that about 91% of Mondelez’s cocoa volumes sourced for its chocolate brands derive from Cocoa Life, which aims to “lift up the people and restore the landscapes where cocoa is ...
For Mondelez, the answer to higher cocoa prices is assortment, agility, products formulated with chocolate and other ingredients or inclusions that bring costs down, and “pushing premium harder.” ...
'Consumers will need to get used to chocolate that is 30%, 40%, and 50% more expensive than it used to be.' South Africans ...
As cocoa supplies from Africa come under pressure, Mondelez International, which owns the Cadbury brand, has started expanding the cultivation of the crop in South India, while exploring the ...
While the cocoa markets are volatile and difficult to predict, the pullback will improve Mondelez and Hershey’s hedging positioning, the analyst tells investors in a research note. TD sees ...
Dirk Van de Put, CEO of Mondelez International, which owns Cadbury and Toblerone, noted the “unprecedented cocoa cost inflation” this year in the company’s 2024 fourth quarter earnings report.
The Wall Street Journal reports Mondelez, the food company that produces Oreos, says it will continue to raise costs amid record cocoa prices. “If cocoa prices remain elevated where they are ...
Consumers will have to get used to paying more for chocolate as cocoa remains at historical highs, Mondelez International’s CEO Dirk Van de Put has said. While the head of one of the world’s ...
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