MondelezCoca-Cola Europacific Partners
Live Report · Updated 23 September 2026

Mondelez vs Coca-Cola Europacific Partners

Global snacks and confectionery leader with strong brands vs Major Coca-Cola bottler across Europe and Asia-Pacific. Which is the better buy for your portfolio in September 2026? Plain-English answer below.

Mondelez International sells snacks and biscuits including Oreo, Cadbury, and Ritz to consumers in more than 150 countries, earning its margins through strong brands and global distribution. Coca-Cola...

Why It’s Moving

Mondelez

Mondelez Unveils Premium Toblerone-Biscoff Collaboration to Fuel Gum and Candy Growth

  • Mondelēz launched Toblerone Diamond Truffles with Biscoff®, a collaboration with Lotus Bakeries designed to elevate the brand's premium positioning.
  • Growth in the gum and candy sector is currently driven by volume increases, pricing strategies, and expanded distribution networks.
  • While first-half momentum was strong, analysts note that sustaining this growth trajectory beyond the initial period remains a key focus for investors.
Sentiment:
🐃Bullish
Coca-Cola Europacific Partners

CCEP faces a fresh analyst downgrade as buybacks temper, but do not erase, downside concerns.

  • A research firm lowered CCEP from Buy to Hold on September 18, signaling that its near-term risk-reward profile has become less compelling after the recent share-price advance.
  • CCEP repurchased 403,748 shares between September 7 and 11 under its ongoing buyback program, supporting per-share value but offering only a partial counterweight to valuation concerns.
  • The resignation of independent director Nathalie Gaveau, effective September 16, adds a governance development for investors to monitor, although the company did not indicate an operational disruption.
Sentiment:
⚖️Neutral

Investment Analysis

Pros

  • Mondelez benefits from a globally recognised portfolio of snack brands, including Oreo and Cadbury, supporting strong consumer demand.
  • The company maintains solid profitability, with a return on equity above 13% and a dividend yield of around 3.5%.
  • Mondelez is expanding into healthier product categories and emerging markets, positioning itself for long-term growth.

Considerations

  • Recent quarterly results missed revenue expectations, raising concerns about top-line growth amid economic headwinds.
  • High commodity costs, particularly for cocoa, have pressured margins and could remain volatile in the near term.
  • The stock has underperformed over the past year, with notable price declines reflecting investor caution on near-term outlook.

Pros

  • Coca-Cola Europacific Partners holds a dominant position in the European and Pacific beverage markets, benefiting from strong distribution networks.
  • The company has a resilient business model, supported by recurring demand for non-alcoholic beverages and a focus on operational efficiency.
  • CCEP maintains a solid balance sheet and generates consistent cash flow, supporting its ability to invest and return capital to shareholders.

Considerations

  • CCEP's growth is closely tied to the performance of the Coca-Cola brand, making it vulnerable to shifts in consumer preferences.
  • The company faces margin pressure from inflation and rising input costs, which could affect profitability in the short term.
  • CCEP operates in a highly competitive sector, with ongoing challenges from private label and alternative beverage products.

Mondelez (MDLZ) Next Earnings Date

Mondelez International (MDLZ) is expected to report its next earnings on October 27, 2026. The report is expected to cover the third quarter of fiscal 2026. The date remains an estimate pending the company’s formal confirmation.

Coca-Cola Europacific Partners (CCEP) Next Earnings Date

CCEP’s next scheduled earnings-related update is November 3, 2026. It is expected to cover the company’s third quarter of fiscal 2026. The release is likely to be a Q3 trading update rather than a full quarterly earnings report, consistent with CCEP’s reporting pattern.

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