Extreme temperatures across Europe have led to a decline in chocolate volumes for the global snacks giant.
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Mondelez has reported a drop in regional sales volumes across Europe, attributing the decline to an intense heatwave. The company noted that the hot weather specifically impacted the demand for chocolate products.
Despite the current dip in performance, the firm remains optimistic. According to a report by Just Food, Mondelez is confident that an improvement in volumes will follow as conditions stabilise.
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