Consumers will have to get used to paying more for chocolate as cocoa remains at historical highs, Mondelez International’s CEO Dirk Van de Put has said. While the head of one of the world’s ...
Mondelez's management is not concerned that these increases will persist and 2025 will be pivotal in that regard as more pricing initiatives are likely to be implemented in an event of cocoa ...
Mondelez sees 4.3% organic growth in 2024 but faces margin pressures from soaring cocoa costs. Discover 2025 outlook & ...
“Mondelez International, Inc. (NASDAQ:MDLZ) continued trading lower after cocoa prices remained elevated. The company has struggled with higher import costs, and the incoming presidential ...
The price per ton of cocoa ended 2024 with a 178.2% surge, closing at $11,675 after reaching an all-time high of $12,931.
As cocoa supplies from Africa come under pressure, Mondelez International, which owns the Cadbury brand, has started expanding the cultivation of the crop in South India, while exploring the ...
This adjustment is primarily attributed to increased cocoa costs and foreign exchange pressures. Mondelez continues to hold a strong position in the global snack market, leveraging its diverse ...
'Consumers will need to get used to chocolate that is 30%, 40%, and 50% more expensive than it used to be.' South Africans should brace to pay extra for a bar of chocolate in the coming weeks due to ...
Investing.com -- TD Cowen lift its target on Mondelez (NASDAQ:MDLZ) International by $14 to $71, also raised its 2026 per share profit estimate, amid a 19% decline in cocoa spot prices this year ...
This adjustment is primarily attributed to increased cocoa costs and foreign exchange pressures. Mondelez continues to hold a strong position in the global snack market, leveraging its diverse ...