Mondelez International, Inc. Annual Report, Year Ended Dec 31, 2007

Mondelez International, Inc. (formerly Kraft Foods Inc.) in its 2007 10-K filing, reported robust net revenue growth of 8.4% to $37.2 billion, driven by favorable currency movements, acquisitions, higher volume, and pricing. However, diluted Earnings Per Share (EPS) saw a decline of 12.4% to $1.62. This decrease was influenced by significant restructuring charges, higher commodity costs impacting profitability, and increased marketing, administration, and research expenses. A major strategic move during the year was the acquisition of Danone Biscuit for $7.6 billion, alongside the planned divestiture of the Post cereal business. The company also continued its share repurchase program and increased its quarterly dividend, signaling a focus on shareholder returns despite the EPS dip. Key financial trends indicate rising commodity costs (dairy, coffee, cocoa, grains) impacting margins, a continued strategic shift towards international markets, and ongoing restructuring efforts aimed at cost reduction and efficiency improvements. Investors should note the company's significant debt increase related to the Danone Biscuit acquisition, which will be a key factor in its financial management going forward.