Latest news with #Coca-ColaEuropacificPartners
Daily Mirror
17 hours ago
- Health
- Daily Mirror
Coca-Cola recalls popular Appletiser drink as people warned ‘do not consume'
A popular Coca-Cola drink has been urgently recalled over health worries as people have been warned not to consume it. Supermarkets have told customers to avoid drinking Appletiser and return it to stores immediately. The product has been pulled from shelves due to the soft drink containing "an elevated level of chlorate". This is a by-product that emerges from the breakdown of chlorine-based disinfectants used in water treatment. Affected batches of the sparkling Apple juice - sold in multi-packs of six - includes productions codes from 328 GE to 338 GE. These can be found at the base of the can. Sainsbury's has given a warning on its website telling customers to return the canned product. In a statement, the supermarket said: "Sainsbury's have been made aware that Appletiser are recalling the above products as they may contain an elevated level of chlorate. "We are asking customers that have purchased the above products not to consume them and to return them to their nearest Sainsbury's store, where they will receive a full refund. For any further information please contact 0800 227711. No other products have been affected by this issue. Appletiser would like to apologise for any inconvenience caused." Chlorate comes from chlorine disinfectants which are used in the treatment of water used for food processing. The chemical has been linked to potentially serious health problems, notably among children by interfering with the proper functioning of the thyroid gland. Earlier this year Coca-Cola similarly issued a major recall of a number of products sold in the UK over fears they could contain high levels of chlorate. The products recalled in January included multipacks of six 250ml cans of Appletiser 100% Apple Juice Gently Sparkling, as well as 330ml cans of Coca-Cola, Diet Coke, Coca-Cola Zero and Sprite Zero which were sent only to cafes and restaurants. Standard dimension cans, all glass and plastic bottles sold in the UK were not being recalled, Coca-Cola Europacific Partners said. When it announced the recall in Europe, Coca-Cola said that it tracked the problem back to one specific container used in its water treatment process at its factory in the city of Ghent while conducting routine safety checks. Experts say consumers would have to drink a lot of any product contaminated with chlorate to suffer vomiting or other serious illness. "It is almost non-existent or very unlikely that those large quantities are present in it," Philippe Jorens, a poisons and critical care professor at Antwerp University Hospital, told Belgian public broadcaster VTM. "You have to have consumed so many different bottles of it to possibly see an effect."
Time of India
7 days ago
- Business
- Time of India
Coca-Cola Europacific Partners tempers annual revenue forecast on Indonesia weakness
Coca-Cola Europacific Partners adjusted its annual revenue forecast downward on Wednesday, attributing the change to weaker demand in Indonesia caused by geopolitical tensions in the Middle East and a difficult economic climate . The bottler, which operates in Western Europe, the Middle East, Australia, and New Zealand, cited brand boycotts in Indonesia as a factor. The company now anticipates annual comparable revenue to increase between 3% and 4%. Southeast Asia volumes experienced a decline due to brand boycotts in Indonesia. The boycotts were a response to the conflict in Gaza. Indonesia is a Muslim-majority country. Coca-Cola Europacific Partners previously expected about a 4% rise in annual comparable revenue. Coca-Cola Europacific Partners expects annual comparable revenue to be between 3% and 4%, compared with a prior forecast of about a 4% rise.
Business Insider
09-07-2025
- Business
- Business Insider
Kepler Capital Sticks to Its Sell Rating for Coca-Cola Europacific Partners (CCEP)
In a report released on July 7, Richard Withagen from Kepler Capital maintained a Sell rating on Coca-Cola Europacific Partners, with a price target of €73.00. The company's shares closed yesterday at $96.00. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Withagen is an analyst with an average return of -1.0% and a 44.37% success rate. Withagen covers the Consumer Defensive sector, focusing on stocks such as Remy Cointreau, Davide Campari-Milano SpA, and Diageo. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coca-Cola Europacific Partners with a $92.96 average price target. The company has a one-year high of $97.23 and a one-year low of $71.49. Currently, Coca-Cola Europacific Partners has an average volume of 1.95M.
Business Insider
29-06-2025
- Business
- Business Insider
Goldman Sachs Keeps Their Hold Rating on Coca-Cola Europacific Partners (CCEP)
Goldman Sachs analyst Bonnie Herzog maintained a Hold rating on Coca-Cola Europacific Partners (CCEP – Research Report) on June 27 and set a price target of $70.00. The company's shares closed last Friday at $91.10. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Herzog covers the Consumer Defensive sector, focusing on stocks such as Monster Beverage, Constellation Brands, and Molson Coors. According to TipRanks, Herzog has an average return of 5.2% and a 58.01% success rate on recommended stocks. Coca-Cola Europacific Partners has an analyst consensus of Moderate Buy, with a price target consensus of $94.34.
7NEWS
01-06-2025
- Business
- 7NEWS
Brisbane cracks open $75m mega Coca-Cola canning line to quench energy drink thirst
With energy drink demand bubbling over, Coca-Cola Europacific Partners (CCEP) has poured $75 million into a new mega canning line in Australia. The state-of-the-art production line at the company's Richlands site in Brisbane, Queensland, was recently opened — and unveiled a rare glimpse inside the factory. WATCH THE VIDEO ABOVE: Coke's largest canning line unveiled in Brisbane. If canning at full capacity, the new line pumps out 2,000 cans per minute, 120,000 per hour, and nearly three million each day. It is set to keep up with the nation's craving for high-caffeine drinks such as Monster and Mother, as well as fizzy favourites such as Coca-Cola, Sprite and Fanta. 'This is a landmark moment for our operations in Australia,' CCEP Australia managing director Orlando Rodriguez said. 'Richlands is our largest manufacturing site in our Australian network, and now it's home to our most efficient and largest canning line to date in our global network — bolstering Queensland 's thriving manufacturing industry and supporting Aussie jobs.' The 18-month build provided work for more than 250 local contractors and the new line has already created 18 full-time jobs. 'It's a real win for Queensland manufacturing and a real win for local jobs, ' CCEP Australian director of manufacturing Tom Scheibling said. 'It really is a major investment in our people here in Richlands.' Rodriguez said the investment reflects the company's commitment to local production and reducing environmental impact. 'Our philosophy is centred on making it where we sell it — reducing the distance our products travel, cutting emissions and keeping shelves stocked more efficiently.' The new line is as smart as it is speedy, using room-temperature can filling to slash energy use by 23 per cent compared with older lines. A boosted water treatment system ups water efficiency by 67 per cent. Coca-Cola drinks have been made in Australia for nearly 90 years. The company now employs more than 3,000 people nationwide — more than 700 of them in Queensland.
