RBC

Heineken Shares Boosted By Profit Beat And Share Buyback

Heineken shares surged 12% after it reported forecast-beating profit, launched a share buyback and predicted further growth next year.

PepsiCo forecast annual profit below expectations and missed quarterly revenue estimates on Tuesday as it faces weakening demand in the US.

Diageo withdrew its medium-term organic sales growth target on Tuesday as it took steps to try and mitigate the impact of US tariffs.

Remy Cointreau told investors to lower their annual sales expectations for the third time in four months on Wednesday.

Premier Foods forecast annual profit at the upper end of expectations, following robust sales of its branded products over Christmas.

L’Oréal has reported a rise in third quarter sales that missed expectations due to low consumer confidence in China.

The chief executive of Campari Matteo Fantacchiotti abruptly stepped down on Wednesday after just five months heading the company.

Fevertree Drinks cut its annual revenue growth forecast on Thursday as unexpected wet weather at the start of summer hurt sales.

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