PepsiCo posts strong second-quarter profit

PepsiCo has reported a stronger than expected rise in its second quarter financial results, with operating profit up by 12%. Similarly, operating profit for the UK and Europe grew by 19%.

The positive results for the global food and drinks company has been attributed to strong international demand and the weak US dollar.

In Europe, snack volume grew 8%, driven by double-digit growth in Russia as well as growth in Poland. Walkers in the UK also experienced single-digital growth. Beverage volume grew 20% in Europe.

Net revenue in the UK and Europe increased 24%, while operating profit grew 19% driven by net revenue growth.

Globally, PepsiCo’s net income rose 9% to $1.7bn (£850m), while net revenue rose 14% to $10.95bn (£5.52bn).

PepsiCo chairman and chief executive, Indra Nooyi, says: “The strength and breadth of our global portfolio and geographic footprint delivered another quarter of solid results.

“PepsiCo continued to drive growth across its worldwide snacks and beverage businesses primarily through strong product innovation, well-executed pricing actions and focus on expense control and productivity.”

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email

If you are looking for our Jobs site, please click here