Furthermore,
Pepsico sees its net profit:
The American giant of snacks and pepsico drinks published this Thursday, July 17, results below the second quarter expectations, amputated by more than two billion dollars in exceptional charges, but has confirmed its objectives for the whole year. Therefore, Turnover remained almost stable over a year to reach $ 22.76 billion, compared to $ 22.50 billion a year earlier. Consequently, On the other hand, its net profit sank to 1.26 billion, less than half of the 3.08 billion in the same period of the previous year. Consequently, The consensus of FactSet analysts anticipated 22.27 billion and 2.79 billion respectively.
The group recorded exceptional charges of 1.86 billion euros for depreciation of several assets linked to the Rockstar. Similarly, Be & Cherry brands, as well as on its investment in Tropicana Brands Group pepsico sees its net profit (TBG) for which it also provisioned a non-disclosed amount to cover losses associated with the sale of tropicana and Naked brands, he explains in a press release. Added to this is a restructuring burden of $ 426 million as part of its company plan at 2030. presented in 2019 to improve its productivity.
Pass advertising
Net profit by lower action than expectations – Pepsico sees its net profit
Reported by action. excluding exceptional elements – value favored by the markets -, net profit is $ 2.12 against $ 3.59 a year earlier. The consensus tapped on 2.79 dollars.
Despite this, the management of Pepsico confirmed its forecasts for the whole year. They had been lowered at the end of the first trimester due to the “Volatility. uncertainties” linked to trade war and consumption “Moderate” in some markets. The group expects an increase of less than 5% of its turnover excluding exceptional elements. pepsico sees its net profit He warned in April that his income would be affected by negative exchange effects. And its net profit by comparable data and constant changes should be “About equivalent” to that of 2024.
On the other hand, the press release does not mention the net profit with comparable data. In April, Pepsico provided for a decline of 3% compared to the $ 8.16 of 2024, while he was waiting for an increase “Around 5%”. In electronic exchanges before opening the New York Stock Exchange, Pepsico action increased by 1.75%.
Further reading: “Tesla Diner and Supercharger”: What do we know about the new futuristic restaurant that Elon Musk implants in Los Angeles? – For the first time in its history, this manufacturer offers a multimedia screen in tune with the times. But is it up to competition? – Airport | Ten billion to unlock Montreal-Trudeau – Meta offers $ 200 million to recruit an Apple star engineer – 60 years after the law, a bank account for all women does not solve inequality: news.