US Equities Market News

World Equity News

Equities Org UK

Mortgages, insurance, and loans for the self-employed and students

Equities Org equities news has moved!

How to quickly sell your house

London equity markets make small gains

Eurofirst highest since May 2002

Eurofirst makes small gains as Xetra Dax down

Eurofirst slightly higher as elections approach

London strong on double witching hour

NYSE sees little movement on investor caution

European equities investors worried by elections

NYSE equities down on economic data

Nikkei down on post-election profit-taking

Nikkei down on post-election profit-taking

Economic concerns hit Eurofirst and Xetra Dax

Japanese elections boost Tokyo indices

Xetra Dax sees fall in Allianz

Utilities focus on FTSE

Dow Jones sees little movement

Analysts suggest Katrina will stimulate economy

Investors settled by Japanese polls

Banking and utilities see gains on Eurofirst

FTSE makes small gains on mergers

Investors consider construction boom after hurricane

Investors wait in Sunday's election

Eurofirst drops from 38-month highs

UK Equities down despite monetary policy decision

London FTSE makes only small gains

Investors consider Katrina economy impact

FTSE gains to three-year high


29/09/05

Permalink 02:44:33 am, Categories: Companies, 175 words  

PepsiCo announces higher earnings but profits fall

PepsiCo announced on Thursday that while third-quarter net profits fell by 37 percent due to taxes, earnings were up by a higher-than-expected 17 percent when one-time charges were excluded.

This led the beverages and snack foods company to raise its outlook on full-year earnings. The growth was driven by strong international sales and domestic demand that was increased by an exceptionally hot summer in the US. Growing especially were PepsiCo’s no carbonated brands, such as Aquafina bottled water and Gatorade sports drinks.

International sales were up 17 percent, with strongest growth in India, Turkey, Russia, China, Argentina, and the Middle East. The company’s biggest international markets, Mexico and the UK, were up from the previous quarter but sales there were still slow. Beverage volumes were up globally by 10 percent, while snack food volumes grew by 4.5 percent.

In North America, total beverage volume grew by 8 percent, a record, with slow carbonated drink sales compensated for by 24 percent growth in non-carbonated brands. Total revenues were up 13 percent to $8.18 billion, compared to $7.26 billion last year at the same time.

Permalink

Categories

US Equities


Shelterking portable garages Great deals on ceiling Shelterking portable garages
Bathrooms
Discounted bath units for the bathroom
Nationwide Building Society
The Nationwide makes more cuts again.
Internet Dating Online dating service for the UK
Headset telephone
Headset telephone equipment - great prices
Morocco property investment
Property investment opportunities available in Morocco.


Syndicate this blog XML

 

US Equities copyright 2005 Central Consultants : All Rights Reserved