Thursday, October 21, 2004
Weaker sales affects Coca-Cola
BBC NEWS | Business | Weaker sales affects Coca-Cola
"The world's largest soft drink maker earned $935m (£511m) in the third quarter, down from $1.2bn in the same period in 2003.
Sales in the three months to 30 September was flat at $5.67bn.
Coca-Cola issued a profits warning in September blaming "challenging operating conditions in key markets".
The company had said earnings were affected by cold and wet weather in northern Europe during the summer months."
"The world's largest soft drink maker earned $935m (£511m) in the third quarter, down from $1.2bn in the same period in 2003.
Sales in the three months to 30 September was flat at $5.67bn.
Coca-Cola issued a profits warning in September blaming "challenging operating conditions in key markets".
The company had said earnings were affected by cold and wet weather in northern Europe during the summer months."
