Companies / Argentina
Embotelladora Andina Sees Sales Slow In Brazil
May 2008 | Company Finance AlertChilean beverage firm Embotelladora Andina has announced a significant decline in its net profits for the first quarter of 2008. The firm, which holds a franchise to bottle Coca-Cola products, reported that net profits for the first three months of the year fell by 13.4% compared to the same period in 2007. In volume terms, the firm's sales increased by 5.7%, but in value terms sales declined by 0.4%.
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