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Coca-Cola Amatil FY profits down 25% as Australia bites

2015-02-17 10:43:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Amatil has said it is confident it will return to growth in the next few years after a poor performance in Australia saw profits in 2014 slump by a quarter.

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Coca-Cola Enterprises boss: 'Detractors don't understand how safe aspartame is'

2015-02-17 09:35:34| Beverages - Topix.net

Coca-Coca Enterprises boss John Brock says detractors 'don't understand' how safe aspartame is, and insists that diet soda sales remain strong - growth for Coke Zero offset a 5.5% full year volume slide for Diet Coke. His comments came against the backdrop of CCE's full year 2014 results - that revealed flat volume sales, with 6.5% growth in energy drinks, 5% growth in waters - led by Chaudfontaine and Smartwater in Great Britain - offsetting a 0.5% decline in sparkling soft drinks, where classic Coke sales down 0.5% contributed to a decline across the brand portfolio.

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Coca-Cola Amatil profit slumps 25 pc as soft drink sales drop

2015-02-17 00:11:16| Beverages - Topix.net

CCA has cut 400 jobs as part of a plan to reduce costs by $100 million over three years and reinvest the savings into the business. Coca-Cola Amatil has posted its lowest profit for eight years, with underlying net profit falling 25.3 per cent to $375.5 million in 2014 as CCA's soft drink brands lost sales and market share in supermarkets and convenience outlets in Australia and Indonesia.

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Coca-Cola Co wraps up Keurig Green Mountain stake boost

2015-02-16 15:37:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co has completed its stake increase in Keurig Green Mountain (KGM) to 16% a year after the two companies unveiled their partnership.

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Aujan Coca-Cola Beverages Co unveils US$500m expansion

2015-02-16 13:47:21| Beverages - Topix.net

Aujan Coca-Cola Beverages Co is boost its capacity in the Middle East and North Africa as part of a US$500m investment. The bottler, a joint venture between the Coca-Cola Co and Saudi Arabia's Aujan Industries, said last week it will also increase its footprint in the region and research new products in what it described as "robust expansion plans".

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