Mondelez CEO Sees Sustaining 3% Plus Sales Growth in 2021

The transcript discusses the impact of COVID-19 on consumer behavior, highlighting increased home consumption and decreased mobility affecting on-the-go products. It covers inventory management strategies, including SKU reduction to optimize sales and costs. The discussion also addresses business strategies amid US election uncertainties, emphasizing supply chain continuity and economic resilience. Lastly, it explores global trade dynamics and Brexit challenges, focusing on customs and supply chain preparedness.

How has the COVID-19 pandemic affected consumer behavior according to the company?

• No change in consumption patterns

• Increased at-home consumption

• Decreased at-home consumption

• Increased on-the-go consumption

What is the expected impact on at-home consumption as mobility increases?

• It will increase

• It will fluctuate unpredictably

• It will decrease

• It will remain the same

What strategy is the company using to manage its product offerings during the pandemic?

• Maintaining the same number of SKUs

• Introducing new SKUs

• Reducing the number of SKUs

• Increasing the number of SKUs

What is the company's main concern regarding the US election?

• Increased taxes

• Supply chain disruptions

• Decreased consumer demand

• Increased competition

What percentage of the company's business is outside the US?

• 100%

• 20%

• 50%

• 80%

What is the company's approach to handling potential tax changes in the US?

• They are planning to relocate their headquarters

• They are not concerned due to their global presence

• They are increasing prices to offset potential tax increases

• They are lobbying against tax changes

How is the company preparing for potential Brexit-related disruptions?

• Outsourcing production

• Increasing warehouse space

• Reducing inventories

• Decreasing staff