Financials & Economy
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Diageo defies analysts’ forecasts with impressive 2022 full-year results driven by premium spirits
UK – Multinational beverage alcohol company, Diageo has defied analysts’ forecasts of a 16.1% rise by reporting a sales jump of 21.4%, totaling £15.5 billion…
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EABL more than doubles full-year profit on high-sales, improved operating environment
KENYA – East African Breweries Plc (EABL) has delivered another set of strong results, with robust growth in sales and a resounding triple-digit growth in…
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Unilever raises full-year sales guidance after impressing Q2 performance
UK – Unilever, one of the biggest consumer companies in the world, has raised its full-year sales guidance after posting underlying sales growth of 8.8%…
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FrieslandCampina posts 19.4% revenue growth in first half of 2022
NETHERLANDS – Dutch dairy giant, FrieslandCampina, has reported a revenue increase of 19.4% totaling US$6.7 billion in the first half of 2022 due to an…
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Delta Corporation reports 58% growth in full year revenue driven by volume growth in most segments
ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage company, has reported a 58% growth in revenue in inflation adjusted terms for the year ended March 31,…