Mondelez Q2 2020 Earnings Report
Key Takeaways
Mondelēz International reported a decrease in net revenues by 2.5%, driven by unfavorable currency impacts, but organic net revenue grew by 0.7%. Diluted EPS decreased to $0.38, while adjusted EPS increased to $0.63 on a constant-currency basis. The company returned $410 million to shareholders through dividends.
Net revenues decreased by 2.5%, primarily due to unfavorable currency impacts.
Organic Net Revenue grew by 0.7%.
Diluted EPS was $0.38, down 30.9% primarily as a result of costs associated with the JDE Peet’s initial public offering
Adjusted EPS was $0.63, up 16.1% on a constant-currency basis.
Mondelez
Mondelez
Mondelez Revenue by Geographic Location
Forward Guidance
Due to the COVID-19 pandemic, visibility is limited at this time in a number of markets and as a result, the company is not providing a full-year financial outlook. The company strategy and long-term algorithm remain unchanged.
Revenue & Expenses
Visualization of income flow from segment revenue to net income