Coca-Cola trademark brands were down 2%

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.”