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Coca-Cola European Partners Needs Solid Summer Sales To Meet Full-Year Goals

May 4, 2017: 12:00 AM EST
The company that resulted from combination of Coca-Cola Enterprises with its Iberian Partners and German division says currency weakness in U.K. dampened first quarter 2017 sales. Coca-Cola European Partners was encouraged, however, by strong net and operating profits that rose by double digits. CEO Damian Gamell called performance “solid,” but warned that reaching full-year targets would require executing marketing and operating plans during critical summer sales season.
Olly Wehring, "Coca-Cola European Partners sees Q1 hampered by UK - results", just-drinks.com, May 04, 2017, © just-drinks.com
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