Mondelez (MDLZ) Tops Q1 EPS by 10c

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Go back to Mondelez (MDLZ) Tops Q1 EPS by 10c

Mondelēz International Reports Q1 2022 Results

April 26, 2022 4:05 PM EDT

First Quarter Highlights

Net revenues increased +7.3% driven by Organic Net Revenue1 growth of +8.6%Diluted EPS was $0.61, down -10.3%; Adjusted EPS1 was $0.84, up +13.9% on a constant-currency basisCash provided by operating activities was $1.1 billion, an increase of +$0.2 billion versus prior year; Free Cash Flow1 was $1.0 billion, +$0.3 billionReturn of capital to shareholders was $1.2 billionAnnounced agreement to acquire Ricolino, Mexico's leading confectionery company with iconic brands and strong distribution capabilities, doubling the size of our Mexico businessAppointed Mariano Lozano to the role of EVP and President, Latin America

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