Dr. Pepper Snapple Group (DPS) reported a 1.3% bump in revenue for Q1 2017 rising to $1.51bn from $1.49bn with its ginger ale brands showing the highest gains, while net profits dropped 3% due the acquisition of Bai Brands.
Dr. Pepper Snapple Group (DPS) experienced modest volume growth of 1% for the full-year ending December 31, 2016, largely due to positive performance of the company’s water portfolio, which was offset by low growth in soda sales.
Research highlighting the variation in soft drink sugar content around the world – a difference of as much as 29g sugar (7 teaspoons) per 330ml for the same brand in different countries - has been released by campaign group Action on Sugar.
Dr Pepper Snapple Group has invested $15m in a minority stake in Bai Brands, which has generated explosive growth in multiple retail channels with its 'antioxidant infusion' low-calorie Bai5 beverages.
Dr Pepper Snapple Group says it is battling headwinds against carbonated soft drinks – particularly diets – something it expects to see continue into 2015. But it remains upbeat about a ‘strong performance’ in 2014.