Mondelez (MDLZ) Tops Q4 EPS by 1c, Offers Outlook

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Mondelēz International Reports Q4 and FY 2020 Results

January 28, 2021 4:05 PM EST

Full Year Highlights

Net revenues increased 2.8% primarily driven by Organic Net Revenue1 growth of 3.7%Diluted EPS was $2.47, down 8.2%; Adjusted EPS1 was $2.59, up 6.5% on a constant-currency basisCash provided by operating activities was $4.0 billion, flat versus prior year; Free Cash Flow1 was $3.1 billion, an increase of $0.1 billion versus prior yearReturn of capital to shareholders was $3.1 billion

Fourth Quarter Highlights

Net revenues increased 5.6% primarily driven by Organic Net Revenue growth of 3.2%Diluted EPS was $0.80, up 60.0%; Adjusted EPS was $0.67, up 8.2% on a constant-currency basisResumed share... More