PepsiCo plans to cut sugar content across beverages in Europe

  • PepsiCo (NASDAQ:PEP) plans to reduce sugar content in sodas and iced teas by 25% in the European Union by 2025 and launch more nutritious snacks.
  • The food and beverage giant is looking to attract more health-conscious consumers in the European market, which accounts for about 25% of PepsiCo 's total sales.
  • The healthy push will also include reformulating products using low-calorie sweeteners and taking low-fat brands to new markets.
  • Of note, several European nations countries have levied taxes on sweetened sodas, fruit juices and flavored water to tackle health and obesity issues.
  • "In Europe today, almost one in three beverages we sell is sugar-free and we believe this trend will continue to grow over time," notes PepsiCo Europe's CEO Silviu Popovici.
  • Looking even further down the road, PepsiCo plans to cut added sugar levels by 50% by 2030 across its European beverage portfolio that includes Pepsi-Cola, Lipton Ice Tea and 7UP sold across Europe. PepsiCo expects to find growth through the healthy snacks category. The company hopes to see a 10X increase in sales by 2025 and expand it to a USD1B portfolio by 2030.

    For this year PepsiCo 's revenue will be around 76.87 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2021's revenue of 70.37 billion USD.

    Historical revenues and results PepsiCo plus estimates 2021

    fundamenteel onderzoek

    The analysts expect for 2021 a net profit of 8.65 billion USD. For this year the consensus of PepsiCo 's result per share is a profit of 6.22 USD. Based on this the price/earnings-ratio is 25.05.

    Per share the analysts are expecting a dividend of 4.24 USD per share. The dividend yield is then 2.72 percent. The average dividend yield of the beverage companies equals a good 1.53 percent.

    PepsiCo 's market capitalization is around 216.75 billion USD. 19

    Historical stock prices PepsiCo

    stock pepsico

    On Friday the stock closed at 155.82 USD.

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