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Growth in Eurasia and Africa led the improvements, with an 8% increase in volumes, while volumes North America increased at a slower 2%.
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Volumes in both snacks and beverages increased 5% in Europe, while snacks increased 15% in the Asia, Middle East and Africa region.
FORBES: Pepsi Q2 Profit Saved By Emerging Markets, Company Will Raise Prices
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Shipment volumes of housing and construction products, chemicals, metals and fertilizers all increased, while food and consumer shipments were flat.
FORBES: CSX Chugs In With A Beat, Earnings Rise 30%