Christine Poole’s Past Picks: Alphabet, Mondelez & Zoetis

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Mondelez Maintains Strong Global Momentum With Snacking Strategy

Mondelez International continues to demonstrate resilience and growth, supported by its global snacking strategy and strong execution across categories and geographies. Despite prevailing inflationary pressures and shifting consumer spending, the company remains well-positioned, underscoring its relevance in the consumer staples sector.

The multinational snack and confectionery giant, whose portfolio includes global brands such as Oreo, Cadbury, and Toblerone, has consistently benefited from robust pricing power and product innovation. Mondelez has steadily expanded its market share in key segments, capitalizing on sustained consumer demand for indulgent snacking, particularly in biscuits and chocolate.

Mondelez has also strengthened its footprint through recent strategic acquisitions, including key regional brands and plant-based snack makers. These expansions support the company’s agile growth model, balancing scale with local relevance, especially across emerging markets where demand for branded snacks continues to outpace broader FMCG categories.

In its most recent quarterly updates, Mondelez reported strong organic net revenue growth, driven by both pricing actions and volume gains. Margins have remained resilient, aided by ongoing cost optimization and favorable input cost management, despite a persistently volatile macroeconomic environment.

Longer-term, Mondelez’s strategic investment in digital transformation and direct-to-consumer capabilities positions it for continued relevance with digitally savvy consumers. The company’s robust cash flow and consistent dividend growth have also made it a reliable performer for investors in the packaged food and beverage space.

At a time when FMCG brands face competition from private labels and shifting consumption patterns, Mondelez’s ability to blend global brand strength with localized strategies provides a clear competitive edge. Its well-diversified geographic mix and focus on high-margin snacking categories further enhance its defensive appeal in uncertain market conditions.

As consumer preferences continue to favor convenience, indulgence, and trusted brand heritage, Mondelez is expected to remain a category leader, offering both growth prospects and stability in the broader consumer goods landscape.

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