Coca-Cola fizzles with soft spending
date:Dec 13, 2012
ing the second half has restrained volume growth,'' Mr Davis said.

CCA said it expected to record volume and revenue growth for the December half year and stuck to guidance of 4 to 5 per cent profit growth before significant items for the year to December 31, but analysts said there was little room for disappointment from the iconic consumer staple.

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The stock dropped more than 3 per cent during trading on Wednesday before closing 36 lower at $13.56.

''The valuation hasn't taken
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