Mondelez: EPS down 16% in Q4
(CercleFinance.com) - Mondelez International, owner of the Milka, Lu and Cadbury brands among others, reported adjusted EPS of $0.
65 for the final quarter of 2024, down 15.9% at constant exchange rates (CER), with operating margin down 5.1 points to 10%.
The food group saw its revenues rise by 3.1% to $9.6 billion, with organic growth of 5.2%, driven mainly by price increases (+5.1 points), while volumes were almost stagnant (+0.1 points).
With adjusted EPS of $3.36 for 2024 (+13% at constant exchange rates) and organic revenue growth of 4.3%, Mondelez expects adjusted EPS for 2025 to fall by around 10% at constant exchange rates, and organic revenue growth of around 5%.
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