Tag Archives: Soft drinks

PepsiCo sees 31% surge in fourth quarter (Q4) profits on strong U.S. economy, falling fuel prices

PepsiCo, the global soft drinks giant known for its Pepsi brand, mountain dew, among others said on Thursday that its fourth-quarter profit rose 31%. However, the Chief Executive Officer, Indra Nooyi warned that continued weaker economies abroad could upend the U.S. economy.

The snack and beverage maker reported the best performance at its North American drinks unit in three years, with U.S. consumers willing to pay more for its products on the strength of cheaper fuel prices and a strong U.S. economy.

Soft drinks giants move to reduce sugar levels in their products

Soft drinks giants such as Coca-Cola and PepsiCo have pledged they will cut sugar levels in their products ahead of a British government’s plan to levy a sugar tax.

The companies say they will introduce a series of “unprecedented” measures of their own volition, which they claim will help reduce Britain’s sugar consumption by a fifth.

Coca-Cola HBC (Q3) 2015 revenue dip on currency and pricing constraints in emerging markets

Coca-Cola HBC, the second largest-bottler of Coca-Cola products in the world, said that it shipped 5.4 per cent more cases in the third quarter of 2015, which was helped by favourable weather but exchange rates and pricing effects in emerging markets slowed growth.

The group’s total revenue of €1.77bn for the quarter was a decline of 2.7 per cent from the same period in the previous year.

Is Indonesia a market template for AJE Group in Nigeria?

AJEAST Nigeria Limited, a subsidiary of AJE Group, a Peruvian soft drink producer, with footprints in 20 countries and last year, was ranked 21 of all soft drink makers globally by Euromonitor, with sales of about $2bn, made its debut in Nigerian in October.

At the launch of the BIG Cola brand and its variants (Cola, Lemon, and Orange) at their production facility in Agbara Industrial Estate, Mr. Theo Williams, Country Manager for AJE said, “The focus is about consumers, AJE in Nigeria is to offer BIG for everybody, we are giving more for less. We want to ensure that consumers get something affordable that they can share with families and friends.