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Coca-Cola Earnings: Coca-Cola earns $290 mn from India by divesting its bottling operations in Jan-Mar, ET Retail

Coca-Cola Earnings: In the March quarter, the Coca-Cola Company earned USD 290 million from India by refranchising its bottling operations in three key markets. Hindustan Coca-Cola Beverages divested its company-owned bottling operations in Rajasthan, Bihar, Northeast, and parts of West Bengal to existing bottlers, resulting in net gains of USD 293 million. Despite a 2 percent decline in unit case volume in the Asia Pacific market zone, the company saw growth in the India market. ....

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Coca-Cola makes $293 million from refranchising India bottling operations

The beverage major remains “bullish” on the long-term prospects of the country where it sells several brands including Coca-Cola, Sprite, and Minute Maid. The management expects the company to have a “strong” year in India. ....

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Coca-Cola earnings: Coca-Cola earns $290 mn from India by divesting its bottling operations in Jan-Mar

In the March quarter, the Coca-Cola Company earned USD 290 million from India by refranchising its bottling operations in three key markets. Hindustan Coca-Cola Beverages divested its company-owned bottling operations in Rajasthan, Bihar, Northeast, and parts of West Bengal to existing bottlers, resulting in net gains of USD 293 million. Despite a 2 percent decline in unit case volume in the Asia Pacific market zone, the company saw growth in the India market. ....

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Coca-Cola sees strong year for India - Times of India

NEW DELHI: Beverage biggie Coca-Cola is bullish on the long-term prospects of the Indian business, despite a slow start in the first two months this y. ....

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