Lack of thirst for soft drinks in Europe hits Coca-Cola bottler November 7, 2013 COCA-COLA HBC, the largest bottler of Coca-Cola in Europe, yesterday said quarterly sales fell five per cent to €1.9bn (£1.58bn) in line with a tough market for soft drinks on the continent. The firm, which recently moved its primary stock market listing to London, said volumes were down by three per cent. Net profit before [...]
Revenues down at Coca-Cola HBC August 8, 2013 Coca-Cola HBC yesterday announced that its volumes fell by two per cent over the second quarter of 2013, as a stronger performance in emerging markets was offset by a decline in more established markets. The bottler’s sales revenues decreased by two per cent to €1.95bn (£1.68bn), with the slowdown reflecting “the ongoing difficult macroeconomic environment” [...]
London Report: Carney’s first inflation report in the spotlight August 4, 2013 NEW Bank of England governor Mark Carney will take centre stage this week as he announces the latest Quarterly Inflation Report, plus plans to adopt forward guidance on interest rates for the first time. Forward guidance would give the bank’s Monetary Policy Committee (MPC) a third method of influencing the economy, alongside interest rates and [...]