Pepsi puts fizz in profits

PEPSICO INC said in New York yesterday its second quarter earnings jumped 20 per cent to $583 million, compared with $487 million…

PEPSICO INC said in New York yesterday its second quarter earnings jumped 20 per cent to $583 million, compared with $487 million in the same period a year ago.

Profits at the snack food, soft drinks and restaurant giant, rose to $977 million in the period to June 15th, from $808 million in 1995.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective