Under pressure from its activist shareholder Elliott Investment Management, PepsiCo is set to make significant cost savings, as well as lower its consumer prices and make its product range healthier.
Accelerating growth
PepsiCo has announced a series of measures designed to accelerate growth and improve profit margins on its website. The American food multinational has been under pressure for some time, particularly in its home market. Partly as a result, the group’s market value has fallen by more than a quarter in the past two years, while arch-rival Coca-Cola has risen by around 20 %.
