
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataPanamerican Beverages (Panamco) revealed today that it expects to record one-time charges in its third quarter of around US$95-$98m, before taxes, or US$80-$83m, net of taxes, in order to address the deteriorating economic conditions in some of its markets. "We have moved aggressively and proactively to enhance our ability to operate successfully in a very difficult macroeconomic environment, with the additional benefit of positioning ourselves to reap even greater rewards as the economic environment improves," stated Craig Jung, Panamco's chief executive officer.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData