CHILE: Net profit declines by 46% at Coke bottler
The Chilean Coke bottler, Embotelladora Andina SA (AKOB), reported a net profit of US$16.5m in the fourth quarter of 2001, representing a 46% decline from the $30.4m net profit in the final quarter of 2000. The company, which operates in Chile, Brazil and Argentina, said the fall was due to weak regional economies and in particular the worsening economic situation in Argentina. The depreciation in the Chilean peso and Brazilian real was also said to have negatively affected AKOB's performance.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Trump, local spirits and the IR role - The Analyst
- Interview - Bernstein analyst Trevor Stirling
- Diageo NA head on Trump, Millennials, Bourbon
- Is Irish whiskey ready to recognise its potential?
- Interview - Loch Lomond GTR head Andre de Almeida
- Beam Suntory opens global headquarters in Chicago
- Pernod Ricard offloads Domecq brandies, wines
- TWE renames Blossom Hill fruit wine range
- Diageo appoints first programmatic marketing head
- AB InBev launches Budweiser Uber tie-up in UK