The Coca-Cola Company last night reported a unit case volume increase of 2 per cent in the third quarter, but was unable to turn such growth into higher sales as revenues fell four per cent. Internationally, the soft drink maker achieved unit case volume growth of 4 per cent, thanks to strong performances in key emerging markets – with 37 per cent growth in India, 15 per cent growth in China and 3 per cent growth in Brazil. However, sales were hurt by currency movements. The Coca-Cola Company... ...Read more »

The world’s second largest brewer, SABMiller, has reported a lager volume decline of one per cent in the first half “reflecting difficult trading conditions across many of (their) markets”, however soft drink volumes rose slightly and revenues were boosted by price hikes.The maker of Peroni and Grolsch said the decline was lead by continued weakness in the South American, European and US markets, but financial results were broadly in line with expectations.  Read More →

The Coca-Cola Company has seen volume growth rise by a robust 4 per cent in the second quarter as beverage demand remained strong. The result was led by the key emerging markets of India and China, where volume growth came in at 33 per cent and 14 per cent, respectively. Still beverages – which include juices, sports drinks, teas and water brands – outperformed sparkling beverages internationally, while the flagship Coca-Cola brand saw volumes climb by 3 per cent. “We continue to... ...Read more »

Kraft Foods is bullish about the position it has worked itself into with just one year remaining in its turnaround program and is set to launch a new brand identity to signify the change in their focus. “We’re well-positioned to win going forward,” Kraft CEO, Irene Rosenfeld, suggested. “We have a strong plan. We’re making the right investments. And we’re executing well. The majority of our businesses are now delivering, and all geographies are contributing.” Ms... ...Read more »