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Mondelez's recipe for digesting post-Covid tensions

2021-11-11T19:32:25.572Z


The group invests in its brands and successfully plays on its prices to cushion cost inflation. Taste and cook at home, indulge yourself more in a constrained world, entertain more regularly at home ... Among the consumer giants that have benefited from new consumer habits, Mondelez, known for its brands Milka, Lu, Oreo, Belin , is clearly in a good position. Even though the American realizes 30% of its sales on circuits outside the home, such as shops in train stations and airports where pr


Taste and cook at home, indulge yourself more in a constrained world, entertain more regularly at home ... Among the consumer giants that have benefited from new consumer habits, Mondelez, known for its brands Milka, Lu, Oreo, Belin , is clearly in a good position. Even though the American realizes 30% of its sales on circuits outside the home, such as shops in train stations and airports where pre-crisis levels have not yet been found, its turnover has further increased in global level of 5.1% since the beginning of the year, to 21 billion dollars (18.1 billion euros). And without any real slowdown in the trend in the last quarter, home consumption is holding up.

See also

Mondelez takes advantage of solid demand for its snacks despite price increases

The group also succeeded in increasing its adjusted operating profitability by 8.2% (at constant exchange rates), to 3.6 billion dollars.

"Home

consumption remains 3 to 5% higher than it was before the crisis

", decrypts

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Source: lefigaro

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