2 days ago
Mondelēz International has substituted rigid polyethylene terephthalate (PET) trays with FSC-certified paper trays across its main cookie lines in Europe within the biscuits segment, according to a press release posted on My News Desk.
The switch applies to more than 115 products sold under eight brands. These include Cadbury, Chips Ahoy!, Freia, Lacta and Marabou.
These items are distributed in more than 25 European countries, including France, Germany, Ireland, the Nordic region, Poland, Spain and the UK.
The project covers approximately 28,000 tonnes of cookies made each year.
Mondelēz estimates the move will cut the use of virgin plastic by 2,200tpa, which is around 80% less than the previous tray format.
#mondel #chips #ahoy #lacta
The switch applies to more than 115 products sold under eight brands. These include Cadbury, Chips Ahoy!, Freia, Lacta and Marabou.
These items are distributed in more than 25 European countries, including France, Germany, Ireland, the Nordic region, Poland, Spain and the UK.
The project covers approximately 28,000 tonnes of cookies made each year.
Mondelēz estimates the move will cut the use of virgin plastic by 2,200tpa, which is around 80% less than the previous tray format.
#mondel #chips #ahoy #lacta
5 days ago
Valued at a market cap of $78.6 billion, Mondelez International, Inc (MDLZ) is a global snacking powerhouse and one of the world's largest producers of chocolate, biscuits, and baked snacks. The Chicago, Illinois-based company's portfolio includes iconic brands such as Oreo, Ritz, Cadbury, Milka, Toblerone, belVita, and Clif, giving the company a strong presence in everyday snacking across more than 150 countries.
Companies worth $10 billion or more are generally described as "large-cap stocks," and MDLZ perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the confectionery industry. Its broad geographic footprint, powerful brands, and extensive distribution network provide a solid foundation for long-term growth, while the company continues investing in innovation, premium products, and emerging markets.
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Companies worth $10 billion or more are generally described as "large-cap stocks," and MDLZ perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the confectionery industry. Its broad geographic footprint, powerful brands, and extensive distribution network provide a solid foundation for long-term growth, while the company continues investing in innovation, premium products, and emerging markets.
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#billion #deal #Growth
16 days ago
The access tunnel to the visiting team's locker room at Couto Pereira claimed another "victim" on the 8th, when defender Jacy fell there after celebrating a goal that would later be disallowed.
And would you believe that the situation turned into advertising?
Coritiba played at home again last Sunday (23), when they beat Corinthians 2-1.
And even made some "extra" cash thanks to an initiative that was a hit on social media.
Taking advantage of the name of the chocolate brand BIS, owned by Mondelēz, the advertising agency David created the sign "Warning: the aBISs" to alert possible new distracted players.
#coritiba #corinthians #david
And would you believe that the situation turned into advertising?
Coritiba played at home again last Sunday (23), when they beat Corinthians 2-1.
And even made some "extra" cash thanks to an initiative that was a hit on social media.
Taking advantage of the name of the chocolate brand BIS, owned by Mondelēz, the advertising agency David created the sign "Warning: the aBISs" to alert possible new distracted players.
#coritiba #corinthians #david
1 month ago
Valued at a market cap of $83.4 billion, Mondelez International, Inc. (MDLZ) is a global leader in the snacking industry, operating in more than 150 countries worldwide. The company is renowned for its diverse portfolio of iconic global and local brands, including Oreo, Ritz, LU, Clif Bar, Tate's Bake Shop, Cadbury Dairy Milk, Milka, and Toblerone.
Shares of the Chicago, Illinois-based company have underperformed the broader market over the past 52 weeks. MDLZ stock has fallen 3.8% over this time frame, while the broader S&P 500 Index ($SPX) has increased 16.5%. However, shares of the company are up 16.4% on a YTD basis, outpacing SPX's 8.3% rise.
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#global
Shares of the Chicago, Illinois-based company have underperformed the broader market over the past 52 weeks. MDLZ stock has fallen 3.8% over this time frame, while the broader S&P 500 Index ($SPX) has increased 16.5%. However, shares of the company are up 16.4% on a YTD basis, outpacing SPX's 8.3% rise.
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#global
2 months ago
Utz Brands (NYSE:UTZ), a snack foods producer, closed at $14.06, up 88.72%. The stock surged after Utz announced a definitive agreement to be taken private in a $2.9 billion all-cash deal. It may only be an arbitrage play now, but there's still a lesson for all investors.
Trading volume reached 60.6 million shares, coming in about 2,000% above its three-month average of 2.9 million shares. Utz Brands IPO'd in 2018 and has grown 46% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,509, up 0.89%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 25,837, up 1.29%. In packaged food — savory snack foods and salty snack manufacturing, The Campbell's Company (NASDAQ:CPB) closed at $22.34, up 1.13%, while Mondelez International (NASDAQ:MDLZ) closed at $59.86, down 0.68%, as investors weighed the Utz take-private deal against broader snack-category trading.
Utz shares soared after the company announced an all-cash buyout by Germany's Intersnack Group. The $14.25 per share buyout price represented a 91% premium over yesterday's closing price.
While it may be too late to benefit directly from the Utz buyout, it provides an important lesson investors can learn from.
Utz went public nearly six years ago at $10 per share. It's been a tough ride for shareholders since then, but there have been recent positive signs, with adjusted free cash flow improving in Q1 and guidance suggesting it should continue.
#NASDAQ #buyout #company
Trading volume reached 60.6 million shares, coming in about 2,000% above its three-month average of 2.9 million shares. Utz Brands IPO'd in 2018 and has grown 46% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,509, up 0.89%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 25,837, up 1.29%. In packaged food — savory snack foods and salty snack manufacturing, The Campbell's Company (NASDAQ:CPB) closed at $22.34, up 1.13%, while Mondelez International (NASDAQ:MDLZ) closed at $59.86, down 0.68%, as investors weighed the Utz take-private deal against broader snack-category trading.
Utz shares soared after the company announced an all-cash buyout by Germany's Intersnack Group. The $14.25 per share buyout price represented a 91% premium over yesterday's closing price.
While it may be too late to benefit directly from the Utz buyout, it provides an important lesson investors can learn from.
Utz went public nearly six years ago at $10 per share. It's been a tough ride for shareholders since then, but there have been recent positive signs, with adjusted free cash flow improving in Q1 and guidance suggesting it should continue.
#NASDAQ #buyout #company
3 months ago
St. Ewe Free Range Eggs has appointed former Müller executive Justin Cook as chairman of the family-owned UK business.
Cook was formerly CEO of Müller's yogurt and desserts operations in the UK and Ireland until 2023. His career also spans roles at Kraft Heinz, Mondelez International and Jacobs Douwe Egberts.
Founded by Bex Tonks, St. Ewe Free Range Eggs supplies the brands Rich Yolk, Original and Super Eggs. It employs more than 150 people.
Alongside Cook's appointment, Doug Field and Simon Moore are joining the Cornwall-based company as non-executive directors.
Tonks, who is CEO and also sits on the board of the National Farmers Union (NFU), said: "These appointments bring exceptional experience, leadership and values alignment to our board at a hugely exciting time for St. Ewe.
Cook was formerly CEO of Müller's yogurt and desserts operations in the UK and Ireland until 2023. His career also spans roles at Kraft Heinz, Mondelez International and Jacobs Douwe Egberts.
Founded by Bex Tonks, St. Ewe Free Range Eggs supplies the brands Rich Yolk, Original and Super Eggs. It employs more than 150 people.
Alongside Cook's appointment, Doug Field and Simon Moore are joining the Cornwall-based company as non-executive directors.
Tonks, who is CEO and also sits on the board of the National Farmers Union (NFU), said: "These appointments bring exceptional experience, leadership and values alignment to our board at a hugely exciting time for St. Ewe.
3 months ago
Chicago, Illinois-based Mondelez International, Inc (MDLZ) manufactures, markets, and sells snack food and beverage products. Valued at $78.4 billion by market cap, the company offers a wide range of products such as biscuits, baked snacks, chocolates, gums, candies, cheese, and powdered beverages under brands like Oreo, Ritz, LU, CLIF Bar, Tate’s Bake Shop, Cadbury Dairy Milk, Milka, and Toblerone.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and MDLZ perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the confectioners industry.
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Companies worth $10 billion or more are generally described as “large-cap stocks,” and MDLZ perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the confectioners industry.
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