MDLZ Flashcards
MDLZ Product Categories
% exclude net sales from deconsolidated coffee
Biscuits 39% Chocolate 27% Gum & Candy 14% Beverages 11% Cheese & Grocery 9%
MDLZ billion-dollar brands
Chocolate: Cadbury, Cadbury Dairy Milk, Milka
Biscuits: LU, Nabisco, Oreo
Gum: Trident
MDLZ M+A Milestones
June 2001 - Philip Morris spins off 16.1% of Kraft Foods in IPO
March 2007 - Altria completes spin-off of Kraft Foods
November 2007 - Kraft acquires LU for $7.6bn
August 2008 - Kraft Foods spins off Post for $1.7bn
February 2010 - Kraft acquires Cadbury for $19.6bn
March 2010 - Kraft sells frozen pizza business for $3.7bn
June 2012 - Kraft spins off Kraft and becomes Mondelez
November 2014 - Acquisition of 80% in Veitnam’s Kinh Do snack business
Feb 2015 - Announces sale of 50% stake in Japanese coffee business, Ajinomoto General Foods, to Ajinomoto
July 2015 - Mondelez form JDE coffee joint venture
Irene Rosenfeld - key dates with MDLZ
July 2003 - Leaves Kraft Foods
September 2004 - Becomes CEO of Frito-Lay
June 2006 - CEO of Kraft Foods
MDLZ Activism - Key Dates
June 2007 - Peltz presses Kraft to sell Post and Maxwell House
November 2007 - 2 Peltz directors appointed in return for support at next two annual meetings (Lois Juliber and Frank Zarb)
July 2013 - Peltz urges merger of PepsiCo and Mondelez
January 2014 - Peltz named to MDLZ board and drops Pepsi push
August 2015 - Ackman discloses 7.5% stake in MDLZ
March 2016 - Ackman discloses sale of 20m shares, reduces stake to 5.6%
MDLZ food peers
9 peers Campbell Danone General Mills Hershey JM Smucker Kellogg Lindt Nestle Pepsi
MDLZ EV Build
Share price $40 rose FDSO 1.6bn DJ MV $64.0 Chair EV Bridge $8.2 Fan EV $72.2 Canon
Debt $15.4 Dollar Cash $1.9 Tape Net Debt $13.5 Tamale NCI $0.1 Soot Equity Investment $5.4 Lyre Corp. Adj. -$5.3 Lamb
MDLZ Geographies
% Revenue / EBIT Europe (35%/38%) North America (24%/33%) Latin America (17%/15%) Asia Pacific (15%/8%) EEMEA (9%/6%)
MDLZ Sales 16-18
16: 25.9 Nail Bee
17: 26.7 Nacho key
18: 27.8 Nuke ivy
MDLZ EBITDA 16-18
16: 4.8 roof
17: 5.2 line
18: 5.8 loofa
MDLZ EPS 16-18
16: 1.75 tickle
17: 2.00 noses
18: 2.27 nanook
MDLZ # of Directors
13
MDLZ Directors 1-5
Irene Rosenfeld (Chairman) Stephen Bollenbach Lewis Booth Lois Juliber (Trian nominated Director) Mark Ketchum (Lead Independent Director)
Mondelez Power Brands
Biscuits (8): Oreo, Lu, Chips Ahoy!, BelVita, Club Social, Tuc, Barni [Ritz]
(Orange Lucifer chases belladonna clutching toucing backside risquely)
Chocolate (5): Milka, Cadbury Dairy Milk, Lacta, Toblerone, [Alpen Gold]
(Militant cadres lacrosse toss altogether)
Gum & Candy (3): Trident, Halls, Stride
(THS)
Beverages (1): Tang
MDLZ Directors 6-10
Jorge Mesquita Joseph Neubauer Nelson Peltz Frederic Reynolds Christiana Shi
