Mondelēz: Sales pass milestone at Cadbury owner but profit melts Retail Sales at the owner of brands such as Cadbury, Toblerone and Oreo surged past the £2bn mark in 2023 but its profit was slashed, it has been revealed. Uxbridge-headquartered Mondelēz UK, which is part of the wider Mondelēz International group, has reported a turnover of £2.21bn for its latest financial year, up from the £1.95bn [...]
Sales rocket to almost £100m at Mondelēz-owned Grenade Retail Sales at Grenade, the sports nutrition company owned by Mondelēz International, jumped towards £100m during its latest financial year, it has been revealed. The company has posted a turnover of £93.2m for 2023, according to newly-filed documents with Companies House, up from £59.5m. Its pre-tax profit also increased from £8.2m to £12.1m over the same [...]
Taking the biscuit: Oreo maker Mondelez fined £287m by EU for cross-border trade curbs RETAIL Oreo maker Mondelez has been fined £287m (337.5m euros) by EU antitrust regulators for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.
Cocoa prices set another new high leaving bitter taste for chocoholics March 26, 2024 The cost of Easter eggs could increase again as bad harvests continue to dent global cocoa supplies, sending prices to a new all-time high.