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PepsiCo posts Q3 net income of US$1.99b, beats analyst estimates

Published Fri, Sep 30, 2016 · 09:50 PM

London

PEPSICO Inc reported better-than-expected quarterly revenue and profit on Thursday, helped by higher demand in North America for its beverages and snacks with fewer calories and more natural ingredients.

The company also raised its 2016 adjusted profit forecast.

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