Mondelez International Operations in Uruguay and Argentina

Cono Sur, a subsidiary of Mondelez International, has administrative offices in Uruguay and manufacturing plants in Argentina and Uruguay. The offices are designed with a contemporary concept emphasizing flexibility and collaboration, while the plants produce well-known brands such as Oreo, Terrabusi, and Milka. The company aims to care for the environment through its LEED-certified building.

Mondelez International, a global leader in snack food and beverage products, has been making significant strides in South America through its subsidiary, Cono Sur. Cono Sur, headquartered in Uruguay, operates administrative offices and manufacturing plants in Argentina and Uruguay, producing well-known brands such as Oreo, Terrabusi, and Milka.

The administrative offices in Uruguay are designed with a contemporary concept that emphasizes flexibility and collaboration, fostering an environment conducive to innovation and efficiency. The manufacturing plants in Argentina and Uruguay are LEED-certified, demonstrating Cono Sur's commitment to sustainability and environmental stewardship.

Cono Sur's strategic location allows it to serve a diverse market in Latin America, leveraging its strong brand portfolio to cater to the region's growing demand for snack foods and beverages. The subsidiary's focus on innovation and sustainability aligns with Mondelez International's broader corporate strategy, positioning it for continued growth and success in the competitive food and beverage industry.

In the second quarter of 2025, Jacobs & Co. CA reduced its holdings in Mondelez International by 7.5%, selling 8,865 shares and holding a total of 110,106 shares worth $7.4 million Mondelez International, Inc. $MDLZ Shares Sold by Jacobs & Co. CA^[1]. This reduction in holdings comes amidst strong financial performance for Mondelez International, which reported better-than-expected earnings with a $0.73 EPS for the last quarter, beating analysts' estimates of $0.68 Mondelez International, Inc. $MDLZ Shares Sold by Jacobs & Co. CA^[1]. The company also achieved a 7.7% increase in quarterly revenue year-over-year and announced a quarterly dividend increase to $0.50 per share, representing an annual yield of 3.2% Mondelez International, Inc. $MDLZ Shares Sold by Jacobs & Co. CA^[1].

Several institutional investors have also recently adjusted their stakes in Mondelez International. Confluence Investment Management LLC acquired a new stake in the company during the second quarter, valued at $35,334,000. Kera Capital Partners Inc. grew its position by 24.0% in the second quarter, now owning 5,018 shares valued at $338,000 Mondelez International, Inc. $MDLZ Shares Sold by Jacobs & Co. CA^[1]. AG2R LA Mondiale Gestion D Actifs, Howe & Rusling Inc., and Inspire Investing LLC also increased their holdings in the first quarter Mondelez International, Inc. $MDLZ Shares Sold by Jacobs & Co. CA^[1].

Wall Street analysts have weighed in on Mondelez International's stock performance. Piper Sandler lifted their target price on shares from $66.00 to $67.00, giving the company a "neutral" rating. JPMorgan Chase & Co. issued an "overweight" rating and a $75.00 target price. Dbs Bank upgraded the stock from a "hold" rating to a "moderate buy," while Wells Fargo & Company upgraded the stock from an "equal weight" rating to an "overweight" rating, lifting the target price from $68.00 to $78.00 Mondelez International, Inc. $MDLZ Shares Sold by Jacobs & Co. CA^[1].

Mondelez International's strong financial performance and strategic initiatives in South America through Cono Sur position it as a leader in the snack food and beverage industry. The company's focus on innovation, sustainability, and growth in key markets underscores its commitment to long-term success.