US results season begins: Pepsi announces higher than expected results

PepsiCo. He started today a new season of results in the United States, publishing his balance sheet of the second quarter. And if their number serves as an indication, the outlook for companies looks positive.

Strong sales in his Frito-Lay snacks and Quaker food unit more than made up for the weakness in years.

The consumer giant posted $ 16.1 billion in revenue during the period, slightly above badysts' expectations, with a profit of $ 1.61 per share. Experts Advised by Bloomberg Rated Benefits at US $ 1.52 Per Paper

Results were well received by the market and immediately increased their shares, marking a 4.3% advance in the early hours of the year. session, its largest intraday increase in four years.

Pepsi, like his main rivals, is looking for new alternatives in the non-alcoholic beverage sector, to cope with changes in consumer habits, more worried

The revenues of his beverage unit in North America have decreased by 1%, while profits fell by 16%, also affected by higher transportation costs and rising aluminum prices, after the Donald Trump government will apply tariffs to the l '; import of metal

According to the figures of Beverage-Digest, a publication specializing in trade issues, the consumption of soft drinks fell last year to a minimum or, 32 years in the United States.

But as consumers move sugar away from their drinks, they are not yet worried about salt in their snacks. The profits of the Frito-Lay unit for North America, which makes the popular Cheetos and Doritos, rose by 5%.

For now, Frito-Lay holds the company's results, but if this division encounters difficulties, PepsiCo could Ken Shea, an badyst at Bloomberg Intelligence. "No business is bulletproof, it is dangerous to continue to depend on a single unit."