For the first three months of 2024, PepsiCo reports core EPS of $1.61, up 7% at constant exchange rates, on revenues of over $18.2 billion, with organic growth of 2.7%.

The food and beverage group, which operates the Pepsi, Lays and Quaker brands, boasts a vigorous performance from its international activities, as well as a sequential improvement in its volume trends.

For 2024 as a whole, PepsiCo confirms it is targeting minimum core EPS growth of 8% at constant exchange rates and organic revenue growth of 4%, as well as a cash return to shareholders of around 8.2 billion.

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