Financials & Economy
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Coca-Cola raises full-year guidance as Q2 revenues jump 42% buoyed by rebounding away-from-home consumption
US- Atlanta-based multinational soft beverage company, Coca-Cola Company is upbeat about its 2021 full year results following an impressive Q2 where sales from away-from-home consumption…
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Delta Corporation revenue jumps 114% on back of recovered volume sales from low prior year base
ZIMBABWE – Zimbabwe’s largest beverages maker, Delta Corporation, has registered a 114% growth in revenue in the first quarter to June 2021, in inflation adjusted…
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Conagra Brands lowers full year profit expectations amid rising inflation in the US
US – Conagra Brands, a US-based packaged foods company, is feeling the pinch of the recent inflation levels in the US and has warned that higher raw material and ingredient…
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Botwana retailer Choppies turns to profitability courtesy of restructuring efforts
BOTSWANA – Botswana based retailer, Choppies Enterprises Limited has attained its first profit since 2016 of P37.7 million (US$3.4m) in the six months ended 31…
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PepsiCo revenues jump 20.5% in Q2 buoyed by recovering out-of-home consumption
US – PepsiCo, a US-based multinational food and beverage company, has reported a 20.5% increase in net revenue in its second-quarter results buoyed by easing…