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 17 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
- What's coming up in beer in 2017? - Comment
- Chile's winemakers caught out by Brexit "disease"
- What's coming up in spirits in 2017? - Comment
- Interview - Pernod Ricard's luxury director
- The just-drinks Analyst - 2017 forecasts
- Suntory sends staff to fat camp - report
- A-B InBev acquires Spain's Cervezas La Virgen
- Diageo closes spirits e-commerce portal in UK
- Former Stoli Group CEO joins Perfect Vodka owner
- Pernod Ricard's Absolut Lime - NPD
- Global vodka insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Global gin insights - market forecasts, product innovation and consumer trends
- Opportunities in Craft Spirits