Mondelēz International Highlights Strategic Initiatives And Reaffirms Outlook At 2020 CAGNY Conference
Yesterday, Mondelez International led a discussion about the company’s strategic initiatives at the 2020 Consumer Analyst Group of New York (CAGNY) Conference. The discussion, led by Chairman and Chief Executive Officer Dirk Van de Put, together with Chief Financial Officer Luca Zaramella, provided an overview of the company’s strong financial results and plans to drive long-term sales, earnings and free cash flow growth, according to a financial news release.
“In the first full year following the launch of our strategic plan, Mondelēz International delivered accelerated top-line growth, robust earnings growth and improved free cash flow generation, demonstrating the power of our portfolio and that our strategy is working,” said Van de Put in the release. “We are a fundamentally different company now after the changes we’ve made to drive sustainable growth. Increased investments in our global and local brands and capabilities, combined with improved execution, position us for continued performance.”