CEE Drives Full-Year Growth For PepsiAmericas

PepsiAmericas, the PepsiCo manufacturer, seller and distributor, announced impressive results for 2007 thanks to strong performance in the Central and East European (CEE) region. Full-year net income rose to US$212.1mn, up from US$158.3mn in 2006, while operating income rose to US$436.1mn from US$356mn the year before. Strong sales were the main driver behind these results, as they rose by 13% to US$4.48bn. Volumes improved by 7.8% for the year, driven mainly by acquisitions, with CEE recording 7.9% organic volume growth, which helped offset a decline of 1.4% in its domestic US market, highlighting the growing importance of the CEE region

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