- Russia’s unit case volume declined 9 percent in the quarter, reflecting the impact of a continued challenging macroeconomic environment. Russia is struggling - this might impact PM and BAT due to downtrading.
- Unit case volume growth in Northwest Europe was partially offset by weakness in Spain and Eastern Europe due to significant macroeconomic challenges in those regions.
- Strong unit case volume growth of 6 percent in the quarter was led by a 6 percent increase in Mexico, a 5 percent increase in Brazil and a 6 percent increase in Argentina. Latam is up 6% on volumes in 1H - thats good news for the other beverage companies.
Tuesday, July 21, 2009
Coca cola earnings
From Coca-Cola earnings.