Mondelēz International Reports Q2 2020 Results

July 29, 2020

Mondelēz International, Inc. (NASDAQ: MDLZ) has reported its second quarter 2020 results. Dirk Van de Put, the company's chairman and CEO, stated the following in the report:

"We remain focused on the safety and well-being of our colleagues and communities at this time, while continuing to serve our customers in the exceptional circumstances caused by COVID-19. I am proud of how our teams have demonstrated their commitment to our customers and consumers by safely and efficiently maintaining business continuity. I am pleased with our second quarter performance given the challenging environment, with top-line performance driven by Developed Markets and strong share gains in all key markets. Our Emerging Markets performance improved throughout the quarter as store closures eased and consumers in many markets were increasingly able to access our products. While we expect continued volatility and uncertainty from COVID-19, I am confident that our strategy, investments, category fundamentals and execution will enable us to successfully navigate this crisis and emerge stronger."

The full report may be viewed here


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