Chocolate Maker Mondelez Looking Less Sweet after Cocoa Fears Lead to Downgrade
Ritz and Oreo maker Mondelez International (MDLZ) was less tasty today after a top analyst downgraded the stock on cocoa price fears.Invest ...
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Mondelez to invest again in Poland chocolate production
Mondelez International is investing nearly 74m zlotys ($18m) to add a new line to a chocolate production plant in Poland. The investment at the site in Skarbimierz will see the US giant install a ...
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Mondelez projects 5% revenue growth for 2025, highlights chocolate strategy amid elevated cocoa costs
Andrew Lazar, Barclays: Questioned the impact of elevated cocoa prices on Mondelez's chocolate strategy and the state of European business. Dirk Van De Put: Reaffirmed that chocolate remains a ...