date:Feb 17, 2014
lumes were up 3% with beverage volumes down 2% in the Americas.
PepsiCo also revealed plans to raise its annual dividend by 15%.
The group said it would extend its cost-cutting programme by a further five years.
The cost-savings initiative is expected to save the group $1 billion dollars per annum until 2019.
However, 40% of the savings will come from job cuts, said its chief financial officer, Hugh Johnson.