India continues to drag APAC volumes for Coca Cola
Click here to read full article from source
New Delhi, Oct. 22 -- Beverage major The Coca-Cola Company on Thursday said unit case volumes in the Asia Pacific region declined 4%, primarily due to coronavirus-related restrictions in India and Japan for the three months ended 25 September.
Globally, net revenues at the maker of Coca Cola, Fanta, Minute Maid juices and Sprite beverages declined 9% to $8.7 billion, The Coca-Cola Company said as it announced its third-quarter earnings.
The company, however, reported improvement in trends versus the prior quarter. "The company is seeing an elevated level of sales in at-home channels being more than offset by ongoing pressure in away-from-home channels, which are affected by the level of lockdown in a particular market," it said in its e...
To read the full article or to get the complete feed from this publication, please Contact Us