Here’s a round-up of this week’s top stories in the global soft drinks & bottled water categories. We also have similar round-ups for beer & cider and spirits & wine.
Refresco Group enters North America with Whitlock Packaging buy
- Refresco Group has extended its soft drinks and fruit juice production footprint into North America through the purchase of Whitlock Packaging.
Fever-Tree continues upward trajectory in H1 – results
- Fever-Tree has continued its impressive growth in the first half of 2016, with sales and profits both jumping in the period.
The Coca-Cola Co cuts FY sales forecast as Q2 profits grow – results
- A rise in price/mix and a Germany-related gain in the second quarter helped pull Coca-Cola Co’s bottom line into growth for the first six months of this year.
Coca-Cola Co’s H1 & Q2 performance by region – Focus
- The Coca-Cola Co posted a near-5% dip in sales for the first six months of 2015. Here, just-drinks takes a look at how each region has performed for the soft drinks giant in the three months and six months to the end of June.
“We’re reallocating money to the places that have momentum” – Coca-Cola Co COO – Analysis
- In its first-half results, The Coca-Cola Co noted a strong performance in some of its largest and most developed markets – including the US, Mexico and Japan. However, this performance was offset by “difficult external conditions” in many of the company’s emerging and developing markets – including China and Argentina.
Dr Pepper Snapple Group shrugs off CSD declines as H1 profits climb – results
- Declines in Dr Pepper Snapple Group’s core CSD brands have failed to offset growth in the company’s increasingly-diversified portfolio as first-half profits jumped.
“We have great urgency to improve the performance of brand 7UP” – Dr Pepper Snapple Group CFO
- Dr Pepper Snapple Group CFO Martin Ellen has said the company will revamp its 7UP brand in an effort to reverse declines.
Sugar shortage hits Coca-Cola Femsa in Venezuela as H1 profits fall – results
- Coca-Cola Femsa is to focus on diet CSDs in Venezuela amid a crippling sugar shortage in the country.