Mondelez forecasts steep drop in annual profit on soaring cocoa prices

(Reuters) – Parent Mondeles International forecasts a greater rated decline in its annual profit on Tuesday, with signal pressure, including after calling its shares after the call.

Cocoa prices, the main component of chocolate, increased relentless compared to last year, forcing companies such as Mondyez to raise their products.

It pushes tense budget consumers who have already collided with the living crisis, to cheaper alternatives.

Chicago-based Mondelez expects its 2025 profit to decline in a 3% decline in a 6.7% decline analysts.

“This worldview does not reflect any imposing tariffs for the import of possible response to the United States and other countries, as the tariff and trade environment is developing vague and rapidly,” said Oroyo and the Creator of the Tokbarrow.

Mondeltsi volumes in Europe, its largest income market fell in the fourth quarter to increase growth prices. However, the volume of 0.9 percent prices have increased in North America.

Cocoa prices, which is accompanied by higher transport costs, has led to an increase in the 650-based gross repayment of the company to 31.5%.

During the three months of December 31, Mondelez amounted to net income worth $ 9.60 billion compared to $ 9.64 billion.

On a regulated basis, it scored 65 cents per share, and an estimate of analysts for 66 cents per share.

(Beil J Katat in Begal;