Food
Nestlé performed better than expected in the first quarter. Increased demand for coffee and baked goods boosted sales.
» Read more
Heineken sold as much beer in the last quarter as a year ago. The world's second-largest brewing group was able to compensate for the European lockdowns with growth in Asia and Africa.
Cosmetics
FMCG producers can barely keep up with the demand. After another quarter of growth, which was better than expected, Procter & Gamble (P&G) is now raising its prices.
French retailer Carrefour has had a solid first quarter, where especially the strong performance in the home market is a boost. In Belgium, the retailer gained market share again, the south of Europe remained somewhat below expectations.
General
German distribution group Rewe has seen its sales shoot up by more than 20 % last year. Gross profit rose as well, despite major losses in the group's travel division.
Coca-Cola has exceeded its quarterly expectations, fueled by strong demand for its soft drinks. Especially in Asia, consumers appear to be returning to their pre-pandemic habits.
Electronics
Despite a strong first quarter, Fnac Darty upholds its outlook for 2021, targeting slight growth in sales and operating profit compared to 2020.
PepsiCo again benefited in the first quarter thanks to consumers spending time at home and buying more snacks, crisps and oats. As a result, sales and profit exceeded Wall Street's expectations.
In the first three months of the year, Deliveroo received more than double the number of orders compared to the same period last year. The company does expect the growth to slow down as the Covid measures will be phasing out.
Fashion
Last year, fashion platform About You passed the billion-euro milestone in terms of turnover. Sales outside the German-speaking market have more than doubled, and in the fourth quarter, the marketplace reached break-even for the first time.
It has been a historic year for supermarkets, and Tesco is no exception: the British market leader saw its sales rise by almost 9 %, but the extra costs were so high that profits fell by around 20 %.
French luxury group LVMH has presented excellent results as Chinese and American consumers, in particular, are once again happy to treat themselves to handbags and champagne in the absence of other entertainment.
Meal delivery company Just Eat Takeaway.com continues to accelerate its growth: in the first three months of this financial year, the number of orders rose by 79 %.
Online fashion platform About You is experiencing rapid growth and is currently preparing a stock market flotation.
Levi Strauss & Co. saw sales fall significantly in the first quarter due to store closures in Europe. The jeans manufacturer is nevertheless raising its forecast for the current year, believing that the worst of the corona crisis is behind it.
Just like many other retailers who solely operate online, Asos has benefited greatly in recent months from the coronavirus crisis. Especially the profit of the British fashion webshop rose spectacularly, which opens doors to further expansion.
