Pepsi 2011 Annual Report Download - page 12

Download and view the complete annual report

Please find page 12 of the 2011 Pepsi annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

Our Global Businesses
Global Snacks, Global Beverages, Global Nutrition
PepsiCo is a $66billion global powerhouse focused on
two complementary businesses with attractive growth,
margins and returns —  global snacks and global beverages.
In 2011, they delivered core net revenue growth1 of
14percent. Nestled within these two businesses is our
global nutrition business, which in 2011 grew core net
revenue1 9percent, excluding acquisitions.
2011 Portfolio N
48%
Global Snacks
Global Snacks
0VS̓CJMMJPOHMPCBMGPPETQPSUGPMJPJODMVEFTBTOBDLTCVTJOFTTUIBUJTPOFPGUIFDPOTVNFSQBDLBHFE
goods industry’s best performing franchises of the last two decades. We’ve also expanded into
adjacencies like bread snacks and refrigerated dips, in which we have built a market-leading presence.
0VSCSBOETJODMVEF-BZTUIFMBSHFTUHMPCBMGPPECSBOEXJUINPSFUIBO̓CJMMJPOJOSFUBJMTBMFT
in20; Doritos, the world’s leading corn snack; and Cheetos, the leader in its category. In 20, all three
of these snack mega brands delivered double-digit volume growth in markets around the world.
In 20, global snacks volume2 rose 8percent.

PepsiCo, Inc.  Annual Report