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Mondelez International Inc (MDLZ.OQ)

MDLZ.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Mondelez CEO Irene Rosenfeld's total compensation for 2016 was $16.7 mln
Tuesday, 28 Mar 2017 07:40am EDT 

Mondelez International Inc : CEO Irene Rosenfeld's total compensation for 2016 was $16.7 million versus $19.7 million in 2015 - SEC filing . Mondelez - CFO Brian Gladden's total compensation for 2016 was $6.4 million versus $7.2 million in 2015 .Mondelez - executive vice president and chief growth officer Timothy Cofer's total compensation for 2016 was $7 million versus about $10 million in 2015.  Full Article

Bahrain Flour Mills signs strategic partnership with Mondelēz International
Sunday, 5 Mar 2017 02:25am EST 

Bahrain Flour Mills Co : Signs strategic partnership with Mondelēz International Source: (http://bit.ly/2mFI2ql) Further company coverage: [BFMC.BH] (((Bengaluru Newsroom; +1 646 223 8780; ))) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Mondelez enter into revolving credit agreement
Wednesday, 1 Mar 2017 04:34pm EST 

Mondelez International Inc : On March 1, entered into revolving credit agreement for 364-day senior unsecured revolving credit facility in amount of $1.5 billion .Revolving credit agreement will terminate on February 28, 2018 - SEC filing.  Full Article

Mondelez sees free cash flow of about $2.8 bln in 2018 - CAGNY conference
Tuesday, 21 Feb 2017 02:10pm EST 

Mondelez : Sees free cash flow of about $2.8 billion in 2018- CAGNY conference . Expects to reduce capex as percent of revenue to about 4.5 percent in 2017, and about 4 percent in 2018- CAGNY . Working to build an ecommerce snacks business, targeting at least $1 billion in revenue by 2020- CAGNY Further company coverage: [MDLZ.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Mondelez reaffirms 2017, 2018 adjusted operating income margin targets
Tuesday, 21 Feb 2017 09:00am EST 

Mondelez : Reaffirms 2017 and 2018 adjusted operating income(1) margin targets . Launching new well-being power brand, véa, in savory cracker segment to drive incremental growth . Provided an estimate for 2017 free cash flow of approximately $2 billion . "company is focusing on making its brands accessible to consumers whenever and wherever they shop" . "improving its presence in high-growth channels like ecommerce, discounters, convenience stores and traditional trade" .Véa will be available across grocery, club stores, convenience stores and ecommerce channels in U.S. and Canada as of July 2017.  Full Article

Mondelez says it will not adjust Mexico operations until concrete border tax policies are in place
Tuesday, 7 Feb 2017 06:27pm EST 

Mondelez International Inc : Mondelez - Imports from Mexico represent minority of U.S. revenue, profit. Will not adjust operations until concrete policies on border tax are in place - conf call . Mondelez - India demonetization had a negative impact of about 60 basis points in 2016 revenue growth - conf call Further company coverage: [MDLZ.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Mondelēz International Q4 adjusted EPS $0.47
Tuesday, 7 Feb 2017 04:00pm EST 

Mondelez International Inc : Mondelēz International reports 2016 results . Expects organic net revenue to increase at least 1 percent in 2017 and adjusted operating income margin in mid-16 percent range . Expects double-digit adjusted eps growth on a constant-currency basis for 2017 . Mondelez - qtrly organic net revenue increased 0.6 percent . Mondelez - expects 2017 double-digit adjusted eps growth on a constant-currency basis . Q4 earnings per share $0.06 . Mondelez - organic net revenue increased 0.6 percent in quarter, tempered by a negative impact of 60 basis points from india demonetization . Mondelez- remains committed to its 2018 adjusted operating income margin target of 17 to 18 percent . Qtrly net revenues $6,770 million versus $ 7,364 million . Q4 earnings per share view $0.48, revenue view $6.89 billion -- Thomson Reuters I/B/E/S . Q4 revenue view $6.89 billion -- Thomson Reuters I/B/E/S .Q4 adjusted earnings per share $0.47.  Full Article

Mondelēz International declares regular quarterly dividend of $0.19/shr
Friday, 3 Feb 2017 12:08pm EST 

Mondelez International Inc :Mondelēz International declares regular quarterly dividend of $0.19 per share.  Full Article

Bega Cheese to buy most of Mondelēz International's Aussie, NZ grocery cheese business
Wednesday, 18 Jan 2017 04:42pm EST 

Bega Cheese Ltd : Bega Cheese to acquire one of Australia's most iconic food brands-bga.ax . Company will pay $460 million which will initially be funded by bank debt . Agreed to buy most of Mondelēz International's australia and new zealand grocery and cheese business . It has near- term corporate opportunities to pay down debt .Expects mdlz grocery business to generate pro-forma net revenues of about $310 million, ebitda of between $40 to $45 million in its first full year of operation.  Full Article

Bega Cheese to acquire Vegemite and other iconic brands from Mondelēz International
Wednesday, 18 Jan 2017 04:35pm EST 

Mondelez International Inc - : Bega Cheese to acquire Vegemite and other iconic brands from Mondelēz International . Deal for A$460 million . Reached an agreement to sell most of its grocery business in Australia and New Zealand to Bega Cheese Limited . Philadelphia business is not included in deal as it is a Mondelēz International Power Brand . Port Melbourne manufacturing site will transfer to Bega as part of this agreement . Transaction adds Vegemite brand and other grocery brands to Bega's portfolio .Port Melbourne manufacturing site will transfer to Bega as part of this agreement.  Full Article

More From Around the Web

BRIEF-Mondelez CEO Irene Rosenfeld's total compensation for 2016 was $16.7 mln

* CEO Irene Rosenfeld's total compensation for 2016 was $16.7 million versus $19.7 million in 2015 - SEC filing