Financials & Economy
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Carlsberg beats analysts’ forecast in Q1, revenue rises to US$2.4bn
DENMARK – Danish brewer Carlsberg has reported double-digit revenue growth, beating analysts’ expectations in the first quarter of 2023 after a strong post-Covid recovery in…
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Unilever reports US$16.25bn turnover in Q1 with Asia Pacific Africa contributing nearly half
UK – British multinational consumer goods company, Unilever, has underpinned the strong performance of a 7% increase in the first quarter turnover to €14.8 billion…
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PepsiCo eyes 9% growth in 2023, reports double-digit revenue growth in Q1
USA – PepsiCo has raised its outlook for the full-year 2023 organic revenue to increase by 8%, up from 6%, and core constant currency EPS…
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Coca-Cola sells 5% more products in Q1, launches “Create Real Magic” platform for consumers
USA – American multinational beverage industry Coca-Cola has launched the “Create Real Magic” platform, which allowed consumers to become digital marketeers by leveraging AI to…
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Benin plans to ban imports of frozen chickens and eggs in 2024
BENIN – The Minister for Benin’s Agriculture, Livestock and Fisheries, Gaston Dossouhoui, has announced the government’s intent to stop the import of frozen chicken and…