PepsiAmericas growthThis article was originally published in Foodnews
THE second largest bottler of Pepsi, PepsiAmericas, showed considerable growth in the first quarter of 2007. Net income increased to US$20.6 million compared with US$14.1 million in the first quarter of 2006. Worldwide revenue grew 13.2% to US$960.2 million, attributed to acquisitions as well as volume and price gains in Europe and the US. Volume sales worldwide rose 10.6% compared with the same period last year - though US volume grew only 0.6% and a decrease of 6.4% was evident in the Caribbean.