date:Dec 20, 2012
News: Coca-Cola Icecek held an analyst day in Istanbul yesterday. Management reiterated medium-term growth guidance, highlighted key expansion drivers, and provided an update on the leverage restructuring.
Our View: Management reiterated its top line growth guidance in the mid-teens for the medium-term horizon. The company sees Pakistan and Iraq as the prime countries of focus as they have relatively better growth prospects. In the longer term, the company sees an equal revenue breakdown betwee