As November arrives, foreign food giants have released their Q3 reports. How have they fared over the past 273 days? These foreign giants are indeed earning daily fortunes: Nestlé 1.7 billion yuan/day, PepsiCo 1.2 billion/day, Coca-Cola 700 million/day, Danone 500 million/day, Mondelez 400 million/day...
Nestlé's first three quarters revenue reached 488.2 billion yuan Yinlu drags down China market In the first nine months, Nestlé Group's sales revenue reached 68.367 billion Swiss francs (approximately 488.2 billion yuan), with organic growth of 3.7% and real internal growth of 3.0%. In the first nine months, the categories with the highest organic growth rates were pet food (7.3%), nutrition and health science (5.2%), and dairy and ice cream (3.0%). The AOA region (Asia, Oceania, Africa) where China is located achieved revenue of 15.938 billion Swiss francs (approximately 113.8 billion yuan) in the first nine months, with organic growth of 3.1%; real internal growth was 2.5%, and pricing contributed 0.6% to revenue. Currently, China has become Nestlé's second-largest global market. In the first three quarters, China's overall market growth was flat, but sales of Yinlu peanut milk and congee declined. Recently, media reports indicated that Nestlé is evaluating the ownership of its food brands Hsu Fu Chi and Yinlu, and may seek to sell controlling stakes in these two Chinese subsidiaries for $1 billion or more.
PepsiCo's first three quarters revenue reached 327.3 billion yuan China continues double-digit growth In the first nine months, PepsiCo's sales revenue was approximately $46.519 billion (approximately 327.3 billion yuan), with net profit of approximately $5.545 billion (approximately 39 billion yuan). In the third quarter, PepsiCo's net revenue was $17.19 billion (approximately 120.9 billion yuan), a year-on-year increase of 4.3%, exceeding market expectations of $16.93 billion; net profit was $2.1 billion (approximately 14.7 billion yuan), a year-on-year decrease of 16%. PepsiCo's Chairman and CEO Ramon Laguarta stated that in the third quarter, PepsiCo's strong performance was relatively comprehensive, with organic revenue growth of 7% in developing and emerging markets. Among them, Mexico, Saudi Arabia, China, Turkey, and Pakistan achieved double-digit growth. Notably, Laguarta also mentioned that PepsiCo is continuously strengthening its omnichannel capabilities, especially in e-commerce. "By 2019, our e-commerce retail sales are expected to reach nearly $2 billion."
Coca-Cola's first three quarters revenue reached 198.4 billion yuan China drives Asia-Pacific volume growth In the first nine months, Coca-Cola's sales revenue was approximately $28.198 billion (approximately 198.4 billion yuan), with net profit of approximately $6.878 billion (approximately 48.3 billion yuan). In the third quarter, Coca-Cola's net operating revenue was $9.5 billion (approximately 66.8 billion yuan), compared to $8.245 billion (approximately 58 billion yuan) in the same period last year; third-quarter net profit was $2.59 billion (approximately 18.2 billion yuan). In the third quarter, Coca-Cola's sparkling beverages overall achieved 2% volume growth, with Coca-Cola brand volume growth of 3%, and Coca-Cola brand retail sales have grown 6% year-to-date. Meanwhile, Coca-Cola Zero Sugar continued its double-digit growth, achieving growth for the eighth consecutive quarter. Continuous innovation and investment are also driving growth in categories beyond sparkling beverages. In Asia, the Ayataka unsweetened tea beverage series performed excellently in China and Southeast Asia, far exceeding expectations. Additionally, juices, dairy beverages, and plant-based beverages grew 1% overall, with Minute Maid Pulpy Orange in China also performing strongly. Thanks to strong performance in China, India, and Southeast Asia, Coca-Cola's single-serve volume in the Asia-Pacific region grew 4% in the third quarter, achieving continued value share growth in the region's non-alcoholic ready-to-drink beverage market. During the quarter, Coca-Cola launched Coca-Cola Coffee Plus sparkling water and Minute Maid coconut water plant protein beverage in China, further enriching Chinese consumers' beverage choices. Among them, Coca-Cola Coffee Plus sparkling water was well-received upon launch in over 20 global markets, with excellent sales performance, becoming an important part of the Coca-Cola brand's 2019 global strategy.
Danone's first three quarters revenue reached 149.5 billion yuan Danone China nutrition business grows rapidly, Mizone sales decline In the first nine months, Danone's overall revenue was 19.031 billion euros (approximately 149.5 billion yuan), a year-on-year increase of 2.1%. In the third quarter, Danone achieved revenue of 6.4 billion euros (approximately 50.2 billion yuan), a year-on-year increase of 3%. In the third quarter, Danone's early life nutrition business revenue grew by more than 10%; specialized nutrition business revenue grew by 9.8%; essential dairy and plant-based products sales grew by 0.7%; only water and beverages sales saw a slight decline of 0.9%. Mizone sales declined in China. Benefiting from expanded physical store presence in lower-tier cities, strong e-commerce platform growth, and innovative product launches, China's early life nutrition business revenue grew by over 20% year-on-year, reaching the highest quarterly sales revenue in history.
Mondelez International's first three quarters revenue reached 133.3 billion yuan Revenue and profit both beat expectations; full-year outlook raised In the first nine months, Mondelez revenue was $18.955 billion (approximately 133.3 billion yuan), a year-on-year decrease of 1.1%, with organic revenue increasing 4.2% year-on-year. In the third quarter, revenue was $6.355 billion (approximately 44.7 billion yuan), a year-on-year increase of 1.1%, with organic revenue also increasing 4.2% year-on-year. Mondelez International was spun off from Kraft's snacks business in October 2012 and listed independently. It owns many well-known and loved brands such as Oreo, Chips Ahoy!, Tuc, Ritz, Prince,太平, LU, 怡口莲, Halls, Trident, and Maxwell House. Mondelez International Chairman and CEO Dirk Van de Put said: "Our revenue again recorded strong growth, continuing the momentum from the first half, allowing us to further raise our outlook for this year." The company expects organic sales growth of over 3.5% this year, compared to the previous expectation of over 3%.
Source: 食业家 (shiyehome) Tips will be paid 400-2000 yuan once adopted.
