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*Delta To Lose Market Share To Pepsi Over Pricing: Old Mutual Securities* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?os According to an analysis carried out by Old Mutual Securities (OMSEC), Delta Corporation is likely to lose part of its beverages market share to Pepsi. This follows the opening of a $30 million Pepsi plant in Zimbabwe this year. Said OMSEC, ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > Going forward, we expect a decline in the company’s overall market share (83 percent) for the sparkling beverage segment as well as margin compression as the Pepsi branded products are currently being sold at cheaper price points than Delta’s competing product offerings. > A one-off surge in demand may arise from election spending through various political party campaigns. An improvement in tourism arising from significant infrastructure upgrades in airports coupled with the opening up of the skies to new airlines is expected to improve beverage spending in city and resort hotels where Delta will benefit. More: Financial Gazette _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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