Speaking to analysts after posting quarterly results, where the company reported net revenue growth, strong gross and operating margin expansion and double-digit EPS (earnings per share) growth, Laguarta said that "if you take a decade perspective If we take it then the opportunities in India are massive”.
"We are putting the infrastructure on the ground, investing in the brands to ensure we can build the scale to capture a high-demand market for many years," Laguarta said.
PepsiCo reported double-digit growth in its beverages and convenience foods units in India in Q2 2024.
Laguarta said the company is accelerating profitable business growth and this should continue in the second half.
“We are investing even more in advertising and marketing in the platforms that are growing and overall you put it all together, we feel good about the second half of the year and the pace with which we approach 2025.” Will start." PepsiCo CEO said.
For 2024, the company now expects organic revenue growth of about 4 percent globally.
"For the remainder of the year, we will further enhance and accelerate our productivity initiatives and make disciplined commercial investments in the market to stimulate growth," Laguarta said. The company also expects to have a high level of confidence in delivering at least 8 percent core constant currency EPS growth for full year 2024.
"We are putting the infrastructure on the ground, investing in the brands to ensure we can build the scale to capture a high-demand market for many years," Laguarta said.
PepsiCo reported double-digit growth in its beverages and convenience foods units in India in Q2 2024.
Laguarta said the company is accelerating profitable business growth and this should continue in the second half.
“We are investing even more in advertising and marketing in the platforms that are growing and overall you put it all together, we feel good about the second half of the year and the pace with which we approach 2025.” Will start." PepsiCo CEO said.
For 2024, the company now expects organic revenue growth of about 4 percent globally.
"For the remainder of the year, we will further enhance and accelerate our productivity initiatives and make disciplined commercial investments in the market to stimulate growth," Laguarta said. The company also expects to have a high level of confidence in delivering at least 8 percent core constant currency EPS growth for full year 2024.
