More than a coke…

When people think of Coca Cola, they almost certainly will have a red can or bottle with the ubiquitous “Coke Red” in their mind.

Coca Cola as a business though is much more than the coke drink.

Whether it’s organic tea, juices, coconut water, sports drinks, mineral waters, ready-to-drink coffees or protein drinks they’ve got it covered.

They have over 500 brands in their portfolio and the company has done a great job of diversifying into other non-alcoholic drinks. In the UK for example, they purchased Costa (the coffee chain shop) last October for £3.9bn.

They have just released their latest set of financial figures though and the market didn’t react favourably.

The company is quoted on the New York stock exchange and yesterday their share price fell by 8.5%. This was their largest one-day percentage decline for over 10 years.

The company reported their 4th quarter results and revenue had fallen from $7.5bn in the corresponding period last year to $7.1bn.

The company warned that weak overseas sales would hit profits this year. Areas highlighted as performing below expectations were Argentina, Turkey and the Middle East. There were also foreign exchange issues in connection with the strong dollar.

In summary, there were a few issues which spooked the investors a bit yesterday but it’s fair to say that the future looks ok for Coca Cola as their market value is still pretty impressive.

Even after the 8.5% fall the company is valued at $212 billion.

When is an ice cream not an ice cream?

It sounds like the start of a riddle but there’s an important underlying message. Namely, organisations should be monitoring the environment they are operating in[..]

Popcorn and profits

Despite the growth of online streaming services such as Netflix and Amazon Prime it seems that we are still going to the cinema to watch[..]

Some spicy people to follow...

There are over 300 million twitter accounts and more than 500 million tweets are sent per day. That’s an impressive figure that works out at[..]
You're fired...
How many CEOs of top global companies were replaced last year? Well, the answer may surprise you and what also may surprise you is the[..]
On your bike...
If you drive to work, one of the nice things is to have a parking place. There’s nothing worse than being on time for work[..]
Dog seized to pay tax bill...
It’s always best to keep up to date with your tax affairs. Although most people don’t enjoy paying their taxes, it’s the law and if[..]
Best to take it back...
Most of you have probably had an interview. In fact, some of you may have had a number of interviews but a boss of one[..]