Mondelez International, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 28, 2021 at 04:11 pm EST
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Mondelez International, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 7,298 million compared to USD 6,913 million a year ago. Operating income was USD 1,149 million compared to USD 906 million a year ago. Net income was USD 1,156 million compared to USD 733 million a year ago. Basic earnings per share from continuing operations was USD 0.81 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to USD 0.5 a year ago. For the full year, sales was USD 26,581 million compared to USD 25,868 million a year ago. Operating income was USD 3,853 million compared to USD 3,843 million a year ago. Net income was USD 3,555 million compared to USD 3,929 million a year ago. Basic earnings per share from continuing operations was USD 2.48 compared to USD 2.72 a year ago. Diluted earnings per share from continuing operations was USD 2.47 compared to USD 2.69 a year ago.
Mondelez International, Inc. is one of the world's leading food processing groups. Net sales break down by family of products as follows:
- cookies and snacks (48.9%): Barni, belVita, Chips Ahoy, Club Social, Enjoy Life Foods, Honey Maid, Kinh Do, LU, Oreo, Prince, Ritz, Tate's Bake Shop, Tiger, Triscuit, TUC, Wheat Thins, etc. brands;
- chocolates (29.5%): 5 Star, Alpen Gold, Cadbury, Cadbury Dairy Milk, Côte d'Or, Daim, Freia, Hu, Lacta, Marabou, Milka, Toblerone, etc. brands;
- chewing gums and candies (12.3%): Halls, Clorets, Maynards Bassett's, Sour Patch Kids, Stride, etc. brands;
- cheese and grocery products (6%);
- beverages (3.3%): juices, teas and powdered beverages (Tang brand) and malted beverages (Cadbury Bournvita).
At the end of 2023, the group had 148 manufacturing sites worldwide.
Net sales are distributed geographically as follows: the United States (26.6%), North America (4.2%), Europe (35.7%), Asia/Pacific/Middle East/Africa (19.6%) and Latin America (13.9%).
MONDELEZ INTERNATIONAL, INC. 
