Wednesday, October 07, 2015

For Pepsi, Q3 was best in the u.s.

Pepsi's Chief Executive, Indra Nooyi, has cut costs and sought new sources of growth in emerging markets, but was selling drinks and snacks within the United States that presented the best performance for the company in the third quarter.
TheáFrito-Lay divisions responsible for brands such as Lay's potato chips and Cheetos-drinks in North America were the only two units to present high, boosted by a price increase of 2% over the period.
Pepsi reported that earnings per share, excluding acquisitions, divestments and currency effects, have a high of 9 percent in 2015. This represents a high relative to the projection of 8% in July.
Net profit in the third quarter fell 73 percent to $ 533 million, or $ 0.36, compared with $ 2,01 billion (US $ 1.32 per share) in the same period last year. Total sales showed 5.2% decline to $ 16.3 billion, and exceeded the average of analysts ' estimates, which projected $ 16,1 billion.
Much of the drop is related to the appreciation of the dollar, which reduces revenue by the company outside the United States. Net sales fell 23% in Europe and sub-Saharan Africa, 5.4% in Latin America and 6.8% in Asia, Middle East and North Africa. Sales of Quaker Foods in Latin America fell 0.5%. The sale of drinks in the region advanced 4.1 percent to $ 5.36 billion. Already the snacks unit advanced 0.8 percent to $ 3.56 billion.
Valor Economico
Related products
News Item translated automatically
Click HERE to see original
Other news
DATAMARK LTDA. © Copyright 1998-2024 ®All rights reserved.Av. Brig. Faria Lima,1993 third floor 01452-001 São Paulo/SP