Nevertheless,
Pepsico weighed down loads second:
Keystone-SDA
The American giant of Snacks. For example, Pepsico drinks published results below the second quarter expectations Thursday, amputated by more than two billion dollars in exceptional charges, but confirmed its objectives for the whole year. Nevertheless,
(Keystone-ATS) Turnover remained almost stable over one year to reach $ 22.76 billion (17.6 billion in francs), compared to 22.50 billion a year earlier. Similarly, On the other hand, its net profit sank to 1.26 billion, less than half of the 3.08 pepsico weighed down loads second billion in the same period of the previous year.
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. Be & Cherry brands, as well as on its investment in Tropicana Brands Group (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.
Reported by action and 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 pepsico weighed down loads second end of the first quarter due to “volatility. uncertainties” linked to the trade war and a “moderate” consumption in certain markets.
The group expects an increase of less than 5% of its turnover excluding exceptional elements. He warned in April that his income would be affected by negative exchange effects. And its net profit by action with comparable data and constant changes should be “approximately equivalent” to that of 2024.
On the other hand, the press release not mentioned by net profit with comparable data. In April, Pepsico provided for a decline of 3% compared to the $ 8.16 of 2024, while it was previously awaiting an increase “around 5%”.
In electronic exchanges before opening the New York Stock Exchange, Pepsico action increased by 1.75%.
Pepsico weighed down loads second
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