Replies to post #8086 on The Rising Influence of Rising Affluence

[DewDiligence]

CL and PG are getting hit especially hard from having large operations in Venezuela. (I don’t own either stock.)

[DewDiligence]

MDLZ +2.4%, despite being down sharply in AH yesterday. Cooler heads prevailed, evidently.

[DewDiligence]

MDLZ slides from CAGNY presentation today (46 pages):

http://ir.mondelezinternational.com/common/download/download.cfm?companyid=AMDA-1A8CT3&fileid=726479&filekey=f6aeef3e-70cd-4423-a11d-c7022fa2de0c&filename=CAGNY%202014.pdf

Key message: There’s a strong correlation between global GDP and consumption of packaged snack foods, particularly biscuits (cookies) and chocolate. In 2013, emerging markets comprised 40% of MDLZ's overall sales, growing 9% YoY.

[DewDiligence]

MDLZ moves ahead with plans for new Russia factory:

http://www.bloomberg.com/news/2014-04-09/mondelez-will-spend-110-million-on-new-snack-factory-in-russia.html

The company’s Russian unit will build the plant in the Novosibirsk region, adding enough capacity to produce 50,000 tons of snacks annually…

Mondelez’s move is part of a previously announced effort to improve its supply chain…. The new plant will produce Jubilee, TUC and Barni biscuits, as well as Alpen Gold, Milka and Vozdushnyy chocolate.