Mondelez Q4 2019 Earnings Report
Key Takeaways
Mondelēz International reported a 2.1% increase in net revenues, driven by a 4.1% growth in Organic Net Revenue. Diluted EPS was $0.50, down 10.7%, while Adjusted EPS was $0.61, flat on a constant-currency basis.
Net revenues increased 2.1% driven by Organic Net Revenue growth of 4.1%.
Diluted EPS was $0.50, down 10.7%.
Adjusted EPS was $0.61, flat on a constant-currency basis.
The company returned approximately $750 million to shareholders in common stock repurchases and cash dividends.
Mondelez
Mondelez
Mondelez Revenue by Geographic Location
Forward Guidance
For 2020, Mondelēz International expects performance in line with its long-term growth algorithm of 3+ percent Organic Net Revenue growth, high-single-digit percent Adjusted EPS growth on a constant-currency basis and Free Cash Flow of approximately $3 billion. Currency translation would decrease net revenue growth by approximately 1 percent with no material impact to Adjusted EPS.
Positive Outlook
- 3+% Organic Net Revenue growth
- High-single-digit % Adjusted EPS growth on a constant-currency basis
- Free Cash Flow of approximately $3 billion
- Performance in line with its long-term growth algorithm
- No material impact to Adjusted EPS
Challenges Ahead
- Currency translation would decrease net revenue growth by approximately 1 percent
- Unpredictability of future changes in currency exchange rates
- Uncertainty and variability of the nature and amount of future adjustments
- Inability to reconcile projected Organic Net Revenue growth to projected reported net revenue growth
- Inability to reconcile projected Free Cash Flow to projected net cash from operating activities
Revenue & Expenses
Visualization of income flow from segment revenue to net income