One of the world's leading beverage producers, The Coca Cola Company (TCCC), plans to allocate between USD $600 million and USD $1 billion for business expansion in Indonesia. This investment will be undertaken by TCCC and its Australia-based subsidiary Coca Cola Amatil (CCA).
Coca-Cola Hellenic Bottling Company has released its Q2 and H1 results.
Half-year net profits jump by 45.2% to EUR95.1m (US$127.1m)
Sales in six months to end of June slip by 5.9% to EUR3.18bn
H1 operating profits climb by 22.5% to EUR164.1m
Second-quarter net profits leap by 49.5% to EUR134.4m
Sales in three months to end of June drop by 5% to EUR1.9bn
Q2 operating profits rise by 33% to EUR193.3m
Coca-Cola HBC has warned that 2014 will be a difficult year.
India has become the sixth largest market for Coca-Cola by volume sales, overtaking Germany as low price points and wider distribution helped the world's largest beverages maker increase sales in the second-most populous country.
TCCC pledged to perform social and environmental assessments across its supply chain starting in critical sourcing regions like Colombia, Guatemala, Brazil, India, South Africa and Thailand and also publicly reveal its biggest sugarcane suppliers.