• North America Beverages division FY net sales up 2% to US$20.6bn
  • Operating profits in the 12 months of 2015 rise 15% to $2.8bn
  • Q4 net sales lift 2% to $5.8bn
  • Q4 operating profit up 13% to $639m
  • Group FY net profits fall 16% to $5.5bn
  • Net sales in 12 months of 2015 slip 5% to $63bn
  • Operating profits slip 13% to $8.35bn
PepsiCo released its full-year results earlier today

PepsiCo released its full-year results earlier today

PepsiCo's North America Beverages unit has reported sales and profits growth in both its fourth quarter and full year. 

The company said earlier today that the performance of its North America Beverages division was postively impacted by productivity gains and lower commodity costs. Meanwhile, group net profits were down double digits in the full year, while sales dropped 5% compared to 2014. 

CEO Indra Nooyi said: "Looking ahead to 2016, we expect solid financial performance despite expected continued macroeconomic challenges, particularly in certain key developing and emerging markets."

To read the company's official statement, click here.