Mondelez International Inc. - Ordinary Shares - Class A

+0.02 (+0.03%)
: $66.61 -0.08 (-0.12%)
Other Pre-Announcement

Mondelez CEO says paused Twitter advertising due to worries about hate speech

Published: 11/08/2022 20:45 GMT
Mondelez International Inc. - Ordinary Shares - Class A (MDLZ) - Says " Our Volumes and Our Categories Have Continued to Increase Despite Price Increases".
Says Not Seeing Customers in U.S. Or Europe Trading Down That Much.
Says "we Are Not Trying to Increase Our Margins, We Are Trying to Increase Prices According to Costs That We See".
Says "we Are Expecting a Strong Holiday Season".
CEO at Reuters Newsmaker Event Says Co Makes About $300 Million Investments Every Year in Marketing Or Investing in Brands.
Says "well Over 60% of Our Media Advertising is in Digital (every Year)".
Says Opportunity to Buy Hershey Was There Many Years Ago But Not on Radar Anymore; Not Looking to Make Big Acquisitions at the Moment.
Says "i Am Most Worried About European Consumer at the Moment".
Says Paused Advertising on Twitter Due to Worries of Hate Speech.
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