Mondelez International Inc at Barclays Global Consumer Staples Conference Transcript
Hello, everybody. Good morning, and welcome back for our next presentation. As many of you might recall, it was right after our conference in this room last year that Mondelez ultimately held its Investor Day, at which point CEO Dirk Van de Put and his team laid out the findings of their strategic review, the global and local strategy going forward and the new long-term algorithm.
One key takeaway was the notion that 2019 would be a below-algorithm year on both the top line and bottom line as it would take some time for Mondelez' investments to get the flywheel going. Well, 2 quarters in, Mondelez' guidance now calls for an on-algorithm organic top line expectation, and the company prides itself in the enviable or perhaps less enviable position of investors getting excited about what's to come.
Against this backdrop, we're looking forward to hearing more from CEO Dirk Van de Put and CFO Luca Zaramella and how everything is coming together as we think about the back half of '19 and look ahead to 2020.
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