London Stock Exchange

Colgate-Palmolive Raises 2024 Forecast On Strong Demand

Colgate-Palmolive raised its forecasts for annual profit and organic sales after beating second-quarter estimates on resilient demand.

Keurig Dr Pepper reported a rise in second-quarter revenue and profit buoyed by higher prices and strong demand.

Coca-Cola raised its annual organic sales and profit forecast on Tuesday, signalling strong demand for the company’s products.

Kleenex tissue maker Kimberly-Clark raised its forecast for full-year profit on Tuesday after beating Wall Street estimates for Q2 profit.

Lindt posted first-half organic sales of 2.16 billion Swiss francs, in line with expectations, and announced a share buyback programme.

Hygiene product maker Essity reported second-quarter core profit above expectations on lower costs and price discipline.

PepsiCo missed expectations for second-quarter revenue on Thursday as it faced weak demand for its snacks and sodas, mainly in the US.

Smurfit Westrock plc has announced its debut on the NYSE following the combination of Smurfit Kappa and Westrock on 5 July.

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