Global snack company Mondelēz International has posted top-line growth in its second quarter results with net revenues up by 7.7%.
Mondelēz International, which operates in more than 150 companies and has brands including Cadbury, Oreo, Ritz, Milka and Toblerone, has announced its Q2 results.
Net revenues increased by 7.7% overall, with organic net revenue growth of 5.6% for the three months ending 30th June 2025, which the company reported was driven by higher net pricing, partially offset by unfavourable volume/mix. In Europe, reported net revenue for the period was $3,412 million, an 18.7% increase, and organic net revenue growth was 12.5%.
Overall gross profit for Mondelēz International increased $140 million, while gross profit margin decreased 80 basis points to 32.7%, according to the company this was primarily driven by a decrease in adjusted gross profit margin, partially offset by unfavourable year-on-year change in mark-to-market impacts. Adjusted gross profit decreased $381 million and adjusted growth profit margin decreased 680 basis points to 33.7%, primarily due to “higher raw material and transportation costs and unfavourable product mix”, which Mondelēz said was partially offset by higher pricing and lower manufacturing costs driven by productivity.
“Our agile and experienced team remains focused on executing against our strategic growth agenda while continuing to delight and deliver value to our consumers.”
Chair and chief executive officer of Mondelēz International Dirk Van de Put commented: “We posted accelerated top-line growth in Q2 2025 underpinned by strong pricing execution in our chocolate business and robust growth across the vast majority of our geographies.
We remain confident in our ability to deliver against our commitments amid a challenging environment, powered by the resiliency of our categories, our advantaged global footprint and the strength of our brands and capabilities. Our agile and experienced team remains focused on executing against our strategic growth agenda while continuing to delight and deliver value to our consumers.”
The company said that for 2025, it “maintains organic net revenue growth to be approximately 5% and adjusted EPS to decline approximately 10% on a constant currency basis” but that the outlook is provided in the context of greater than usual volatility due to geopolitical, trade and regulatory uncertainty and commodity prices, noting “unprecedented” cocoa cost inflation.
