Coca-Cola Lacks Fizz In Q2
The Coca-Cola Company , the world's largest soft drink producer, has reported disappointing results for the second quarter of this year. With group volumes and revenue affected by depressed consumer spendin g in developed markets and less-than- dynamic growth in some key emerging markets , the recently released results point to the challenges faced by carbonate producers in the search for long-term growth.
For the three months to June 28 2013, Coca-Cola's global sales volume s rose by only 1% year-on-year (y-o-y) , with revenue dipping 3% y-o-y , from US$13.08bn to US$12.75bn. Unsurprisingly, C hief E xecutive Muhtar Kent expressed the company 's 'unhappiness' with its Q2 performance, with volume growth declining markedly when compared with 4% growth over the same period last year. Providing a key insight into the nature and growth trajectory of the global soft drinks landscap e , Coca-Cola's recent results make for interesting analysis , in our view .
Europe & North America: Unsurprising ly Flat
|The Coca-Cola Company Q213 Volume Growth, % Change Year-On-Year|