北京商报讯（记者 孔文燮）10月20日，北京商报记者获悉，近日，百事公司投资850万美元（折合人民 币约6055万人民币），在罗马尼亚伊尔福夫县的 Dragomirești-Deal 工厂启用了一条新的饮料罐装生产 线。据悉，该罐装生产线是东巴尔干地区唯一的一条此类生产线，标志着百事公司在罗马尼亚投资的一 个重要里程碑。新生产线支持250ml、330ml和500ml的包装规格，涵盖百事东巴尔干地区的所有饮料产 品组合：百事、美年达、七喜、激浪和立顿，日产量达150万罐。 ...

尼尔森显示，百事可乐2025 财年第三季度销售数据较上半年与第二季度基本没有变化。对于菲多利， 百事可乐在第三季度的销售额受到了与 2024 年 7 月 4 日促销活动相关的不利对比的影响。奎格继续在 2025 年年底之前通过召回活动实现更好的对比表现。在菲罗公司，百事可乐继续面临中端价格区间品 牌出现"缩水"现象;高端品牌的销售表现强劲，同时价值型品牌的表现也不错。尽管如此，中端价格区 间的品牌在调查数据中的同比销售额仍出现了显著下降。 对于北美饮料业务，调查数据显示零糖产品表现强劲，而像"激浪"这样的品牌销量仍在下滑;"纯水 乐"也因有意减少销量而拖累了销售业绩。美银仍在等待有关百事可乐于 8 月下旬宣布的与 Celsius Holdings更新的分销协议的讨论。 智通财经APP获悉，美国银行证券发布研报，维持百事可乐(PEP.US)"中性"评级，目标价150美元。美 银指出，百事可乐盈利压力被较低的公司费用及税率所抵消;其北美食品业务销售不佳，因为百事可乐 在去年夏天的促销活动结束后进入了停滞状态;而对于其北美饮料业务数据显示总体正常，等待Celsius Holdings(CELH.US)更多的分销数据 ...

Core Viewpoint - Elliott Investment Management has acquired approximately $4 billion in shares of PepsiCo and plans to advocate for changes within the struggling beverage manufacturer [1] Group 1: Investment and Shareholder Engagement - Elliott's stake makes it one of PepsiCo's largest investors [1] - PepsiCo stated it will evaluate Elliott's views in conjunction with its growth strategy aimed at accelerating growth and creating long-term shareholder value [1] Group 2: Market Challenges - PepsiCo is facing challenges due to competitive pressures and changing consumer tastes, with its market value declining over 20% since its peak in May 2023 [1] - Elliott outlined a reform plan for PepsiCo, which may include restructuring its beverage division and reassessing its snack product portfolio [1] Group 3: Performance Concerns - The market share of PepsiCo's beverage division, which includes brands like Coca-Cola, Gatorade, and Mountain Dew, has been declining and has underperformed for over a decade [1] - Following the announcement, PepsiCo's stock price increased by 2.2% [1]

Core Viewpoint - A new Texas bill will impose strict regulations on large food manufacturers, requiring them to label products with warnings about ingredients deemed unsafe by other countries, such as bleached flour and synthetic food colorings [1][2]. Group 1: Legislative Details - The Senate Bill No. 25 mandates that starting in 2027, food manufacturers selling products in Texas must clearly label warnings indicating the presence of ingredients banned or warned against by other countries [1]. - The bill affects major food companies like General Mills and PepsiCo, which use ingredients such as bleached flour and synthetic colorings in their products [1]. - The legislation also includes requirements for physical education and nutrition education in schools [1]. Group 2: Support and Opposition - The bill has the support of Robert F. Kennedy Jr., the U.S. Secretary of Health and Human Services, who advocates for banning certain additives and colorings due to their potential health risks [2]. - A coalition of food manufacturers and distributors has opposed the bill, arguing that the labeling requirements are overly broad and could disrupt local economies and access to food [3][4]. - The Consumer Brands Association has expressed concerns that the bill's labeling requirements could create legal risks for brands and confuse consumers [4]. Group 3: Industry Response and Historical Context - Historical responses from food manufacturers to similar legislation have included nationwide label updates rather than state-specific changes, as seen after Vermont's GMO labeling law [5]. - The bill's requirement to reference foreign food standards introduces uncertainty for manufacturers, highlighting differences in food safety standards between the U.S. and other regions [5][6]. - The shift in Republican support for food labeling marks a significant change in the party's long-standing opposition to food regulation, aligning health decisions with personal rights [7].

Company Performance - Haitian Flavor Industry reported a revenue of 26.901 billion yuan for 2024, representing a year-on-year growth of 9.53%, and a net profit of 6.344 billion yuan, up 12.75% year-on-year [1] - In Q4 2024, Haitian's revenue reached 6.502 billion yuan, with a year-on-year increase of 10.03%, and a net profit of 1.529 billion yuan, growing 17.82% year-on-year [1] - The growth in Haitian's performance may be influenced by a decline in average prices, as the company expanded into the catering and lower-tier markets, which pressured prices [1] Product Breakdown - For 2024, revenue from Haitian's soy sauce, seasoning sauce, oyster sauce, and other products was 13.76 billion, 2.67 billion, 4.62 billion, and 4.09 billion yuan respectively, with year-on-year growth rates of 8.9%, 10.0%, 8.6%, and 16.8% [1] - In Q4, the revenue growth for soy sauce, seasoning sauce, oyster sauce, and other products was 13.6%, 13.2%, 15.4%, and 7.1% respectively [1] Margin and Cost Factors - Despite a 2.5% decline in the price per ton of soy sauce, the volume sold increased by 11.6%, indicating a strategic focus on market share over pricing [1] - The gross margin for Haitian improved by 2.3 percentage points to 37.0% due to a decrease in raw material prices and economies of scale [1] Competitive Landscape - In contrast, Qianhe Flavor Industry faced operational pressures, with a revenue of 2.288 billion yuan for the first three quarters of 2024, down 1.85% year-on-year, and a net profit of 0.352 billion yuan, down 9.19% [4] - Qianhe's soy sauce revenue declined by 2.44% to 1.435 billion yuan, attributed to intensified price competition leading to proactive inventory management and price restructuring [4] Market Trends - The performance disparity between Haitian and Qianhe may be more related to the trend of cost-effectiveness rather than public perception [5]