CPG Industry Likely To See Healthy Profit Growth In Next 12 To 18 Months: Moody's
The consumer packaged goods (CPG) industry is set to post aggregated operating profit growth of between 3% and 3.5% over the next 12 to 18 months, according to a new report by Moody's.
The report, Outlook remains stable on moderating commodity costs, growth in prestige beauty, has found that firms with 'sizeable exposure' to developing markets are likely to benefit most, due to a growing middle class in these markets.
Emerging Market Benefits
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!