Coke Profit and Revenue Fall as Volume Is Flat

Coca-Cola reported that revenue and profit declined in its latest quarter as soda volume was flat amid weakness abroad.

Shares, up 13% over the past three months, fell 1.8% premarket to $45.77, although results edged in just above Wall Street's expectations.

Dominican Republic: SinatraBedsa union signs new agreement with Coca-Cola

On January 8 2016, after a long negotiation marked by the employer's  intransigence, the IUF-affiliated National Union of Bepensa Dominicana SA (Sinatrabedsa) and the Coca-Cola bottler in the Dominican Republic signed a new collective agreement.

Coca-Cola European Partners on course for June completion

The creation of the Coca-Cola European Partners joint venture has moved a step closer, with registration of the entity gaining clearance in the US.

Guatemala: STECSA and FEMSA sign new collective bargaining agreement

On the night of March 3, after 14 months of difficult negotiations and a suspension of nearly five months of negotiations, the Union of Workers of Embotelladora Central SA (STECSA) and Coca Cola FEMSA reached an agreement and signed the new collective bargaining agreement that will be valid for two years.

Coke Tweaks Its Business Model Again

Company rushes to sell off manufacturing, distribution in order to focus on concentrate

Coca-Cola Co. has changed course yet again on a basic part of its business model: how to control manufacturing and distribution without having to own them. And this might be its last chance to get it right.

Coca-Cola shuts down three bottling plants in India amid severe water shortages

In India, Coca-Cola has decided to suspend bottling operations at three units located in three different states of the country. One of these units, in the city of Kaladera in the western Indian state of Rajasthan, has been the target of a years-long community-led campaign that blames the company for exacerbating water shortages in the area. Coca-Cola says the plant closure is due to long term economic non-viability.

Coca-Cola seeking excessive flexibility at Ghent plant in Belgium

Coca-Cola Enterprises which is in the midst of a major merger process with Coca-Cola Iberian Partners and Germany's Coca-Cola Erfrischungsgetränke AG announced its plans to renovate its Zwijnaarde bottling plant (Ghent, Eastern Flanders) on October 2015. The gradual refurbishment includes a 75-million-Euro investment but will lead to 122 job losses from workforce of 443 by 2018. The impact will be greatest in production where 116 of 263 jobs will be lost.  Following the loss of these 122 jobs, the company wants to bring in 20% hired labour or agency workers. Two canning lines will be closed and replaced by one high speed canning filling line. Two glass lines will also be closed and replaced by one high speed multi format glass line. The hot fill blowing line will also close.
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