Revenue increased to 123.4 billion rubles from 114.4 billion rubles a year earlier, and profit from sales - to 8.3 billion rubles from 6.8 billion rubles, respectively.
The company "Wimm-Bill-Dann" (WBD), which combines PepsiCo's dairy assets in Russia, last year crossed the 100-billion mark in revenue. This figure was 100.3 billion rubles compared to 98.3 billion rubles in 2018. However, the growth rate slowed to 2% from 2.9% a year earlier.
Profit from sales amounted to 8.25 billion rubles compared to 7.93 billion rubles a year earlier. Net profit decreased to 5.4 billion rubles from 6 billion rubles in 2018.
Last year, WBD received 756.9 million rubles in dividends from equity participation in other organizations, compared to 1.244 billion rubles a year earlier. There were no dividend payments. In 2018, they amounted to 9.813 billion rubles.
Another "daughter" of PepsiCo - "WBD Beverages" (juice production) last year increased revenue to 32.5 billion rubles from 30.6 billion rubles a year earlier. The loss on sales decreased to 58.2 million rubles from 59 million rubles in 2018. The company ended last year with a net loss of 67.4 million rubles compared to 567.4 million rubles of net profit in the previous year. 2017 was also a loss-making year for it.
PepsiCo agreed to buy WBD in December 2010, having estimated the company at $5.8 billion. The deal closed in September 2011. Wimm-Bill-Dann was founded in 1992.
The daughter company, engaged in the production of snacks - "Frito Lay manufacturing" last year earned 34.3 billion rubles compared to 28.6 billion rubles a year earlier. Its net profit rose to 5.99 billion rubles compared 2.2 billion rubles, and its sales profit rose to 7.5 billion rubles compared to 4.8 billion rubles, respectively
The revenue of the manufacturer of baby food "Lebedyansky" in 2019 amounted to 1.8 billion rubles compared to 1.778 billion rubles a year earlier. Net profit decreased to RUB 837.8 million from RUB 904.1 million. Profit from sales increased to 132.9 million rubles from 131.1 million rubles, respectively.
As reported, in 2019, global revenue of PepsiCo exceeded $67 billion, in 2018 it was almost $65 billion. Net income fell to $7.3 billion from $12.5 billion in 2018.
In April, the company withdrew its annual forecast due to uncertainty related to the spread of COVID-19.