Mondelez Q3 2021 Earnings Report
Key Takeaways
Mondelēz International reported a 7.8% increase in net revenues, driven by a 5.5% growth in Organic Net Revenue. Diluted EPS was $0.89, up 14.1%, while Adjusted EPS was $0.71, up 9.4% on a constant-currency basis. The company is raising its full-year 2021 Organic Net Revenue growth outlook to approximately 4.5%.
Net revenues increased +7.8% driven by Organic Net Revenue growth of +5.5%, favorable currency and acquisitions
Diluted EPS was $0.89, up 14.1%; Adjusted EPS was $0.71, up +9.4% on a constant-currency basis
Year-to-date cash provided by operating activities was $2.7 billion, an increase of +$0.4 billion versus prior year; year-to-date Free Cash Flow was $2.1 billion, an increase of +$0.4 billion
Raising full-year 2021 Organic Net Revenue growth outlook to approximately 4.5%, reaffirming Adjusted EPS and Free Cash Flow outlook
Mondelez
Mondelez
Mondelez Revenue by Geographic Location
Forward Guidance
Mondelēz International is raising its full-year 2021 Organic Net Revenue growth outlook to approximately 4.5% and reaffirming Adjusted EPS and Free Cash Flow outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income