Archives for February 18, 2005

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Diageo growth curbed by currency impact

Diageo, the world's biggest spirit group, has announced a drop in first half profits, caused by foreign exchange rates, weak demand in Europe and the continued decline of the ready-to-drink segment, writes Chris Jones.

Coke bottler confirms interest in Serbian water group

The Coca-Cola Hellenic Bottling company, which this week announced solid sales growth led by emerging markets in Eastern Europe, has confirmed its interest in Serbia's second largest mineral water bottler as the company plans to expand its blossoming...

Amcor profits constrained by material and restructuring costs

Restructuring costs at Amcor's PET plastics and flexible packaging divisions have contributed to a decline in first-half net profit, though the Australia-based company expects an improvement in the second half, despite the impact of higher raw...

GM dispute panel meets in Geneva

With the countdown extended, talks continue this week in Geneva between the US and Brussels to move the entrenched trade dispute on genetically modified organisms forward.

Russian turnaround lifts BBH

The completion of its nationwide distribution network and increased investment in advertising helped brewer Baltic Beverages Holding to shrug off a difficult first half for its Russian brewing business and end the year with an increase in sales,...