VBL reports strong growth and declares interim dividend
after close1 source ↓written by the desknot a recommendation
- and extended
- 2nd interim dividend
Varun Beverages Ltd. (VBL) reported strong revenue and net profit growth year-over-year, driven by international acquisitions and new alliances. The board declared a 2nd interim dividend and extended its PepsiCo bottling agreement, showcasing robust cash flow and asset strength. This positive performance may enhance investor sentiment in the beverage sector.
• Revenue growth supported by acquisitions
• Net profit increase year-over-year
• Interim dividend declared
Not investment advice. For informational purposes only.