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Financial news, 26 July 2011: PepsiCo, Britvic, Coca-Cola
The latest financial news for 26 July 2011 includes PepsiCo, SABMiller, Rémy Cointreau, Britvic, Coca-Cola Femsa and J&J Snack Foods Corp.
Rémy Cointreau reports a 16.2% increase in Q1 2011/12 turnover to €198.6m, driven by a 23.2% growth in Cognac division sales.
Britvic sees Q3 2011 revenue climb 12.2% to £324.9m, boosted by a 9.0% rise in France revenues, with Great Britain up 0.7%
Coca-Cola Femsa sees Q2 2011 total revenues increase 12.9% to Pesos 28.42bn, with sales volume up 5% to 665.6m unit cases.
J&J Snack Foods Corp sales for the third quarter increased 9% to $206.3m from $189.7m in last year’s third quarter. Net earnings increased 47% to $23.3m from $15.9m last year. Earnings per diluted share were $1.24 for the June quarter compared to $.85 last year. Operating income increased 4% to $27.1m this year from $26.1m in the year ago period.
Champagne producer Laurent-Perrier posts an 11.5% uplift in Q1 2011 turnover to €41.0m, boosted by strong sales in the UK, USA and Germany
SABMiller sees a 5% organic volume growth in Q1 2011 for soft drinks and lager.
PepsiCo reports a 13.7% increase in Q2 2011 net revenue to US$16.83bn, with global beverage volume up 5% despite challenging conditions in the North American beverage market.
- Financial news, 20 July 2011: Coca-Cola, Yum, First Milk
- Financials, 6 July 2011: Chr Hansen, McCormick, Edrington
- Financials, 30 June 2011: Red Bull, Campbell’s, ConAgra
- Financials, 23 June 2011: Del Monte, Whitbread, Rachel’s
- Financials June 2011: Saputo, Milk Link, Brown-Forman
- Financials May/June 2011: Danone, Heinz, Britvic
- Financials May 2011: Campbell’s, Jamba, AG Barr, Treatt
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