Mondelēz International Reports 2023 Fiscal Results, Appoints New Board Member

The company's net revenues increased by 14.4% in 2023, thanks to incremental revenue from recent Clif Bar and Ricolino acquisitions.

Mondelez Fiscal Year 2023

Mondelēz International reports a 14.4% increase in net revenues for fiscal year 2023, along with a gross profit increase of $2.4 million. The company points to the incremental revenue generated by the 2022 acquisitions of Clif Bar and Ricolino as helping the results. Mondelēz also registered an increase in operating income of nearly $2 million, and an operating income margin of 15.3%.

The company also saw a strong Q4 in 2023 which helped to push whole-year numbers up across the board. Net revenues in Q4 increased 7.1% year over year, with a $395 million uptick in gross profit for the quarter.

Construction strategies for volatile F&B markets
See how leading manufacturers are fast-tracking projects despite economic uncertainty. Get proven tactics for overcoming tariffs, labor shortages, and rising costs.
Read More
Construction strategies for volatile F&B markets
List: Digitalization Companies From PACK EXPO
Looking for CPG-focused digital transformation solutions? Download our editor-curated list from PACK EXPO featuring top companies offering warehouse management, ERP, digital twin, and MES software with supply chain visibility and analytics capabilities—all tailored specifically for CPG operations.
Download Now
List: Digitalization Companies From PACK EXPO