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Mondelez rethinks chocolate innovation as high cocoa prices linger [Yahoo! Finance]
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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This story was originally published on Food Dive . To receive daily news and insights, subscribe to our free daily Food Dive newsletter Mondelez International is reducing chocolate in some new launches and debuting more premium options as the Milka and Toblerone maker continues to feel the impact of high cocoa prices, its top executive said. Mondelez, the world's second-largest player in the $147 billion global chocolate market, said that while cocoa spot prices have come down significantly from their record high in late 2024, hedges put in place to protect the company are still weighing on its business. Large companies, such as Mondelez, typically purchase cocoa supplies nearly a year in advance of when their finished products reach store shelves — so they likely won't benefit from lower commodity costs until 2027, provided there isn't more unexpected volatility to rattle the cocoa market. Dirk Van de Put, Mondelez's CEO, told analysts at the Consumer Analysts Group of New Y
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- CHF ~65 million investment in 2025: Swiss President Guy Parmelin inaugurates new Toblerone production line in Switzerland [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- CHF ~65 million investment in 2025: Swiss President Guy Parmelin inaugurates new Toblerone production line in Switzerland [Yahoo! Finance Canada][Yahoo! Finance Canada]
- CHF ~65 million investment in 2025: Swiss President Guy Parmelin inaugurates new Toblerone production line in Switzerland[PR Newswire]
- 2025???6,500???????(CHF)???:????Guy Parmelin???????????????????????????? [CNET News][CNET News]
- CHF ~65 million investment in 2025: Swiss President Guy Parmelin inaugurates new Toblerone production line in Switzerland [Yahoo! Finance][Yahoo! Finance]
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