EUROPE: More problems for Coke in Europe

By Sarah Diston | 29 September 2000

Coca-Cola's profit could be under pressure if the euro remains at record-low levels.Europe, Coke's third largest region after Asia-Pacific and North America accounts for around 23% of Coca-Cola's sales. But Coke's CFO, Gary Fayard, said: "If the euro stays where it is today, it will put some pressure on earnings next year."The euro has fallen by 16% in the past 12 months.

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Coca-Cola's profit could be under pressure if the euro remains at record-low levels.Europe, Coke's third largest region after Asia-Pacific and North America accounts for around 23% of Coca-Cola's sales. But Coke's CFO, Gary Fayard, said: "If the euro stays where it is today, it will put some pressure on earnings next year."The euro has fallen by 16% in the past 12 months.

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