Coca-Cola Enterprises Q3 by category - Focus
Coca-Cola trademark brands were down 2%
Earlier today, Coca-Cola Enterprises (CCE) reported a drop in third quarter sales and profits. Here, just-drinks takes a closer look at the results by category for the Western European bottler.
- Total third-quarter volumes declined 1%.
- Sparkling brands declined 1.5%.
- Coca-Cola trademark brands were down 2%. Growth in Coca-Cola Life and Coca-Cola Zero partially offset declines in other Coca-Cola brands.
- Energy brands declined 0.5%, with mid-single-digit growth in Monster-branded beverages.
- Still brands grew 3%, with growth from Capri-Sun and Chaudfontaine, as well as growth for Glacéau Smartwater in Great Britain. However, volumes in GB declined 4%, which the company partly blamed on poor August weather. Continental European volume grew 1%, led by growth in France.
Hubert Patricot, executive vice president and president, European Group, said: “We are working diligently to deliver our outlook for 2015 and to find new ways to return sustained, value-building growth to our business.
“The soft consumer environment makes it imperative that we continue to innovate at every level of our company, from brands, to operations, to customer service.”
It was announced in August 2015 that Coca-Cola Enterprises will merge with Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetränke AG to create Coca-Cola European Partners....
It was a bruising first results announcement for management at the newly-formed Coca-Cola European Partners....
The creation of Coca-Cola European Partners create a unified European entity for Coca-Cola, with this operating in nearly all Western European countries....
Sales of NH bottled water are soaring in the UK, with 2015 seeing 11% retail volume growth for the second consecutive year....
Consumers in the UK are increasingly focusing on health and nutrition, with a growing number seeking more natural diets....
- Cannabis – A clear and present danger to alcohol
- Is Irish whiskey ready to recognise its potential?
- Interview - Bernstein analyst Trevor Stirling
- The European beer market - Focus
- Trump, local spirits and the IR role - The Analyst
- Diageo appoints first programmatic marketing head
- Corporate Relations Director to leave Diageo
- Bacardi names new global communications head
- Diageo strike threat postponed with fresh vote
- Pernod Ricard pairs Usain Bolt with Mumm Champagne