Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Kazakhstan

Coca-Cola İçecek Turkey Sales Outperform In H1

July 2010 | Company News Alert

Underling our very positive view on the Turkish consumer (and our macro preference for domestic demand stories over export oriented economies), Turkey-based Coca-Cola İçecek (CCI) has recorded H110 (six months to June 2010) sales volume growth of 9.9% year-on-year (y-o-y). We emphasise that despite coming off a much higher base, Turkey sales increased 10.3% y-o-y to 225.2mn unit cases. Proportionally, it contributed close to 75% of headline sales in H1. Sequentially, group volumes grew 9.91% over the Q210-Q110 period.

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