The Business Times
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Mondelez

Consumer & Healthcare

Mondelez forecasts muted annual revenue, profit as price hikes pull down volume

Consumers in the US have also been seeking healthier food options

While the definition of ultra-processed foods is under debate, researchers have considered it to apply to many packaged snack foods, sweets and soft drinks made with substances extracted from whole foods or synthesized artificially.
Consumer & Healthcare

Kraft, other companies defeat test lawsuit over ultra-processed foods

KRAFT, Mondelez, Coca-Cola and several other major food companies on Monday succeeded in winning the dismissal of a lawsuit that accused them of designing harmful “ultra-processed” foods addictive to ...

To offset rising input costs such as cocoa, Mondelez has raised prices over successive quarters, boosting profits.
Companies & Markets

Mondelez beats second-quarter estimates on strong international demand

CADBURY-PARENT Mondelez International beat Wall Street estimates for second-quarter revenue and profit on Tuesday, supported by steady consumer demand for its higher-priced chocolates and biscuits, pa...

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