- 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.
Peter Drucker chose one new area of study every three years in his life. For the next two years (till Dec 10), this is my focus. (a) Markets (b) Learn French (c) Geography of Russia and Middle East
Tuesday, July 21, 2009
Coca cola earnings
From Coca-Cola earnings.
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