Coca Cola blames bad weather for weak second-quarter profits
date:Jul 19, 2013
y 3% to $12.75 billion in the second quarter, while reported operating income declined by 2%.

North American volumes dropped by 1%, owing to the unusually wet and windy weather in the US, according to the company. Likewise, European volumes fell by 4% due to poor weather, with floods and a cold spring impacting on demand across the continent.

Volumes in India rose by just 1%, as monsoon rains arrived early, washing out roads and reversing growth gains made in the same period a year earlier, wh
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07/28 03:42