Coca-Cola European Partners reports slow start to fourth quarter

FILE PHOTO: A Coca-Cola logo is pictured during an event in Paris, France, March 21, 2019. REUTERS/Benoit Tessier/File Photo - Copyright Benoit Tessier(Reuters)

By Reuters

Published on 24/10/2019 - 08:34•Updated 19/04/2024 - 07:51

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(Reuters) - Coca-Cola European Partners <CCEPC.L> said on Thursday it had a slower-than-expected start to its fourth quarter due to weakening demand in France and Britain as well as unfavourable weather in October in most markets.

The world's largest independent bottler of Coca-Cola <KO.N> drinks expects to report full-year diluted earnings per share growth of about 10% compared with its prior forecast of between 10% and 11%.