date:Jul 19, 2013
Coca Cola, the world's largest beverage company, has blamed its second-quarter 4% fall in profits on bad weather in Europe and the US, along with slowing economic growth in China.
Net income for the three months ended 28 June fell by 4% to $2.68 billion, or 59 cents per share, which was down 4% from $2.79 billion, or 61 cents per share, a year earlier.
The drinks giant reported 1% global volume growth in the second quarter, slowing from 4% in the first quarter. Reported net revenues declined b