百事集团2025年亚太市场份额实现全域增长，2026年预计收入最高增长4%

Core Insights - PepsiCo reported a net revenue of $29.34 billion for Q4 2025, representing a year-over-year increase of 5.6% and an organic revenue growth of 2.1% [1][3] - For the full year 2025, the company's net revenue reached $93.925 billion, up from $91.854 billion in the previous year, with an organic revenue growth of 1.7% [1][3] - CEO Ramon Laguarta highlighted that the Q4 performance reflects accelerated growth in both reported and organic revenues, with improvements in North American and international operations [1][3] International Business Performance - PepsiCo's international business, valued at $38 billion, accounted for over 40% of the company's net revenue and core operating profit in 2025, achieving an organic revenue growth of 4.5% [1][3] - The organic revenue growth for snacks was 3.5%, while beverages saw a growth of 7%, marking the 19th consecutive quarter of at least mid-single-digit organic revenue growth for international operations [1][3] Asia-Pacific Food Business - In Q4 2025, the Asia-Pacific food business reported a revenue increase of 5% year-over-year, with an organic revenue growth of 4% and a volume growth of 4% [2][4] - For the full year, the Asia-Pacific food business generated $4.629 billion in revenue, a 2% increase year-over-year, with an organic revenue growth of 1.5% and a volume growth of 4% [2][4] - Although specific figures for the Chinese market were not disclosed, the company noted stable or growing market share in both savory snacks and beverages in China for 2025 [2][4] Future Outlook - PepsiCo anticipates organic revenue growth of 2% to 4% for 2026, with core fixed currency earnings per share expected to grow by 4% to 6% [2][4] - The company plans to return approximately $8.9 billion to shareholders, which includes $7.9 billion in dividends and $1 billion in share repurchases [2][4]