Coca-Cola Europacific Partners tempers annual revenue forecast on Indonesia weakness
The bottler, which operates across Western Europe, the Middle East, Australia and New Zealand, said Southeast Asia volumes were hit by brand boycotts in Indonesia, a Muslim-majority country, in response to the conflict in Gaza.
Coca-Cola Europacific Partners expects annual comparable revenue to be between 3% and 4%, compared with a prior forecast of about a 4% rise.
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