Beverages – Financials & Economy

The brewer reports strong financial turnaround, buoyed by higher sales, reduced forex losses, and improved operational efficiency.

Nestlé’s first-half performance sees slight organic growth, a profit dip, and a strategic review of its supplements portfolio.

Second-quarter results reflect revenue growth driven by Europe, even as volumes fell in Latin America and Asia-Pacific markets.

Tanzania Breweries Limited posts double-digit growth in revenue and profit, supported by strong beer sales, innovation, and digital expansion.

PepsiCo beats revenue expectations in Q2, driven by international growth, despite sharp decline in net income.