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PepsiCo earnings beat expectations

PepsiCo’s third quarter earnings have topped analyst expectations. The beverage giant recorded a net revenue increase of 4.3 per cent to $17.19 billion. Meanwhile,...

Fonterra suffers record loss

Fonterra has announced a record annual loss. The troubled New Zealand dairy cooperative reported a net loss after tax of NZ$605 million ($380m) for the...

IPO back on the table for AB InBev?

Anheuser-Busch InBev (AB InBev) is again looking at listing its Asia Pacific business (excluding Australia) in Hong Kong, two months after walking away from...

Soups and snacks boost Campbell Soup results

Campbell Soup Company has recorded a better than expected fourth quarter thanks to increased demand for its range of snacks. Cost saving and restructuring...

Arla Foods sales up after ‘rare stability’ in dairy market

Sales at dairy cooperative Arla Foods rose by 2 per cent in the first half of 2019 to €5.2 billion ($5.7bn) compared to €5.1bn...

Fonterra warns of significant 2019 loss

Fonterra expects to make a significant loss this year as a result of a number of overvalued assets. The New Zealand dairy cooperative has...

Energy drinks boost CCEP earnings

Energy drinks are driving growth at Coca-Cola European Partners (CCEP) with an impressive volume increase of 17 per cent in the first half of...

Coca-Cola HBC on track despite weather impacts

Swiss-based soft drinks bottler Coca-Cola HBC has reported a 4.9 per cent fall in operating profit in the first half of 2019. The company...

Europe inspires good quarter for Borealis

Polyolefins producer Borealis has reported a solid second quarter on the back of a strong business performance in Europe. The Austrian company posted net profit...

Nestlé presents fastest sales growth in three years

Strong performances in key markets, particularly pet food, coffee and infant nutrition, helped Nestlé to achieve its fastest organic sales growth in...

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