The Danish soft drinks bottler Coca-Cola Tapperierne has turned around a pre-tax loss last year by posting a pre-tax profit of DK27m (US$4.2m). The company recorded a pre-tax loss of DK63m, a year ago.
Tapperierne is responsible for the production and distribution of Coca-Cola products in Denmark.
It saw its full year turnover grow by 2% to DK1.4 billion. The company now controls 49% of the country’s soft drink market.
The company said that earnings and turnover were negatively affected by the parallel imports of soft drinks and by the cross-border trade with soft drinks in Denmark.
At the beginning of 2003 Danish brewer Carlsberg took over Coca-Cola Tapperierne.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData