Mondelez International said net revenues rose $175 million (1.9%) to $9,204 million in Q3 2024, and Organic Net Revenue rose $474 million (5.4%) to $9,324 million.

10-QQuarterly reportFiled Oct 29, 2024Period of report Sep 30, 2024Summary published (UTC) Oct 23, 2026

Key points

AI summary

Mondelez International said net revenues rose $175 million (1.9%) to $9,204 million in Q3 2024, and Organic Net Revenue rose $474 million (5.4%) to $9,324 million.
The company said operating income for Q3 2024 fell $226 million (16.4%) to $1,153 million, while Adjusted Operating Income rose $300 million (20.9%) to $1,738 million.
Mondelēz International said net earnings attributable to Mondelēz International in Q3 2024 decreased $131 million (13.3%) to $853 million, with diluted EPS at $0.63 and Adjusted EPS at $0.99.
The company said its Board of Directors approved $1.2 billion in funding for a multi-year program to upgrade its global ERP and supply chain systems in July 2024, with spending expected over the next 5 years and completion expected by year-end 2028.

Key figures

Quarter ended September 30, 2024

Revenue: $9.2B
Operating income: $1.2B
Net income: $853M
EPS: $0.63
Gross profit: $3.0B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q3 2024 Net Revenues and Organic Net Revenue

Mondelez International said net revenues rose $175 million (1.9%) to $9,204 million in Q3 2024, and Organic Net Revenue rose $474 million (5.4%) to $9,324 million.

Source · Based on the MD&A text of the filing

Q3 Operating Income and Adjusted Operating Income

The company said operating income for Q3 2024 fell $226 million (16.4%) to $1,153 million, while Adjusted Operating Income rose $300 million (20.9%) to $1,738 million.

Source · Based on the MD&A text of the filing

Q3 Net Earnings and Adjusted EPS

Mondelēz International said net earnings attributable to Mondelēz International in Q3 2024 decreased $131 million (13.3%) to $853 million, with diluted EPS at $0.63 and Adjusted EPS at $0.99.

Source · Based on the MD&A text of the filing

ERP System Implementation Funding Approved

The company said its Board of Directors approved $1.2 billion in funding for a multi-year program to upgrade its global ERP and supply chain systems in July 2024, with spending expected over the next 5 years and completion expected by year-end 2028.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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