Russiaâs ongoing invasion of Ukraine is taking a toll on major CPG companies, including PepisCo and Mondelez, both of which reported a hit to annual profits yesterday due to restricted production and sales in the countries and surrounding area as well as higher input costs and supply-chain struggles exacerbated by the war.
Read more about it via https://www.foodnavigator-usa.com/Article/2022/04/27/mondelez-pepsico-profits-hit-as-russia-invasion-of-ukraine-hinders-production-sales?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS
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