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Showing posts with label Coca-Cola. Show all posts
Showing posts with label Coca-Cola. Show all posts

Friday, July 19, 2019

Coca-Cola HBC to launch Costa Coffee products in several markets in 2020

Coca-Cola HBC to launch Costa Coffee products in several markets in 2020

Coca-Cola HBC to launch Costa Coffee products in several markets in 2020

Soft drink bottler Coca-Cola HBC AG said on Thursday it will launch Costa Coffee products in several markets next year, months after Coca-Cola Co bought the cafe chain from Whitbread in a $5.1 billion deal.

The company, which sells Coca-Cola drinks in 28 countries mostly in Europe, plans to launch Costa Coffee in at least 10 of those markets, including Bulgaria, Greece, Hungary, Poland, Romania, Russia and Switzerland. Reuters 

Wednesday, July 10, 2019

Coca Cola : PepsiCo's mini-sized sodas boost quarterly results

Coca Cola : PepsiCo's mini-sized sodas boost quarterly results

Coca Cola : PepsiCo's mini-sized sodas boost quarterly results

(Reuters) - PepsiCo Inc quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips.
Beverage sales rose in the quarter as the company's packaging strategy to move away from large cans of sugary drinks to smaller ones that have higher margins is helping it add consumers who occasionally like to 'indulge' even while preferring healthier options in the long term.

"Core Pepsi is what is driving the improved performance in soda," Chief Financial Officer Hugh Johnston told Reuters.

"You have the consumer shifting from bigger volume packages into packages that are smaller... but the price realization is quite good on them," Johnston said.

Earlier this year, PepsiCo launched berry, lime and mango flavored sodas in 12-ounce cans and introduced variations of Cheetos and Doritos tortilla chips.

Rival Coca-Cola Co also saw a rise in overall sales in its last quarter, boosted by strong demand for its orange-vanilla cola, its first such launch since 2007 when it introduced vanilla Coke.

Both Pepsi and Coca Cola have also been offering new products to cater to consumers who prefer healthier options like sparkling waters and teas.

Chief Executive Officer Ramon Laguarta said the company would even launch mini and large cans of its Bubly sparkling water in new fruity flavors.

"I think this is going to be a long-term consumer trend. Consumers are looking for smaller portion packs," Laguarta said in a conference call with analysts.

Beverage volume fell 2% at PepsiCo's North America beverage unit, largely due to higher sales of smaller packages of sodas and juices, but revenue from the business rose 2.5%.

Revenue in its snacking division, Frito-Lay North America, rose 4.5%, led by high single-digit growth in convenience and dollar stores, pushing total net revenue up 2.2% to $16.45 billion.

Net income attributable to the company rose 11.8% to $2.04 billion from $1.82 billion a year earlier.

Excluding one-time items, it earned $1.54 per share. Analysts on average had expected profit of $1.50 per share and revenue of $16.43 billion.

Shares of the company, which were up about a percent, fell marginally in morning trading.

Thursday, July 4, 2019

WWF-Pakistan and The Coca-Cola Foundation launch cooperation for plastic waste management

WWF-Pakistan and The Coca-Cola Foundation launch cooperation for plastic waste management

WWF-Pakistan and The Coca-Cola Foundation launch cooperation for plastic waste management

Lahore, July 4, 2019: WWF-Pakistan, in collaboration with The Coca-Cola Foundation, has formally reached out to waste dealers and scavengers for the very first time, with an inclusive approach to facilitate key stakeholders in creating a ‘Pakistan Without Waste’ – a sustainable packaging vision of The Coca-Cola Company. In this regard WWF-Pakistan is conducting a scoping study on the consumption, collection and disposal pattern of PET bottles, and quantifying the amount of PET being recycled, while also analyzing the level of public awareness about plastic pollution. 

In pursuance of this study, two interactive stakeholder consultative workshops were held in Karachi and Lahore this week, aiming at building cohesion amongst the scavengers, junk dealers and recyclers (informal sector) and the formal sector, to identify gaps, enhance collection and  recycling efficiency. This series of workshops will also create awareness on the issue of plastic pollution amongst communities and educational institutes.

“Coca-Cola led the industry by announcing a bold and ambitious goal to globally recycle each and every bottle it produces by the year 2030. Although it may sound impossible right now, but we have certainly taken a step forward in the right direction by firstly acknowledging packaging waste as a problem and establishing partnerships to harvest a permanent solution for this important societal issue,” stated Rizwan Khan, General Manager, Coca-Cola Pakistan & Afghanistan Region. “These workshops will be held across nine cities that are part of the waste assessment study to identify the loopholes in our existing policies and frameworks,” he added. 

Globally 8 million tons of plastic is disposed in the oceans annually. Furthermore, Pakistan has the second largest domestic market for plastics in Southeast Asia after India that is growing at an annual average rate of 15 per cent. At the workshop, Dr. Masood Arshad, Director Climate, Energy and Water, WWF-Pakistan said, “It’s crucial to start focusing on post-consumer packaging and recycling. Therefore, it’s immensely important for companies in the public sector, private sector, formal and informal waste sector to collaborate and work together in pursuance of this aim, and the first step should be to assess the scope of our problem for which we are already holding an assessment study which shall be made public in August 2019.”

Nazifa Butt, Manager Environmental Assessment/Project lead, WWF-Pakistan, extended a warm welcome to all the guests and shared her dedicated work on healthy and plastic free oceans. Speaking on the occasion, The Coca-Cola Company’s representative, Natasha Haroon, briefed the audience about Coca-Cola’s World Without Waste Program and highlighted the company’s global recycling practices. Research findings and the role of each stakeholder was also shared amongst the participants, by WWF-Pakistan. Attendees from Karachi and Lahore workshops included representatives from academia, Lahore Waste Management Company, Sindh Solid Waste Management Board, Green Earth Recycling, Trash Masti, Gul Bahao, Olive Ridley Project, Go Green Welfare and other recyclers. 

The session concluded on a discussion with junk dealers and scavengers to understand their concerns and establish action items for the next step in developing relations with them. During the panel discussion, all stakeholders agreed on the point of collaboration if the resources are provided, PET supply is continuous, availability of transport is assured, their responsibilities are defined and management plan is delineated, the goals of circular economy can be met. They also discussed innovations in PET recycling, health of scavengers impacted by garbage picking, and behavioural change with respect to source segregation aiding in increasing PET recycling. The dialogue also revolved around reducing plastics by involving all sectors, citizens as well as scavengers to engage them and lift them out of poverty. 

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Monday, July 1, 2019

Win free unlimited data - Stay Online with Jazz and Coca-Cola

Win free unlimited data - Stay Online with Jazz and Coca-Cola

Win free unlimited data - Stay Online with Jazz and Coca-Cola

Two of Pakistan’s most well-known brands have joined hands to provide free unlimited mobile data

Islamabad – 28 June, 2019: Jazz, Pakistan’s largest digital communications company, and Coca-Cola Company, one of the most popular beverages in the country have partnered to offer consumers a chance to win free unlimited data. This partnership focuses on heavy data users who prefer to livestream sports, especially during the ongoing Cricket World Cup, and surf the web on the go. This first of its kind offer is not limited to the ongoing Cricket World Cup, but will be available afterwards as well.

The Jazz branded Coca-Cola bottles, available at stores across Pakistan, provide consumers of the widely popular drink a chance to win unlimited Jazz Super 4G data by dialing in the code available at the back of each bottle’s label. Just dial 145insert code# from the phone for a chance to win.

Commenting on this partnership, Head of Marketing at Jazz, Kazim Mujtaba stated, “This is the coming together of two giant brands to empower millions of people with free mobile data, especially during the ongoing Cricket World Cup. In a first of its kind initiative, Jazz offers Coca-Cola’s customers a chance to use Pakistan’s fastest mobile internet.”

“Coca-Cola is well known for its innovative and upbeat partnerships, and we are pleased to partner with Jazz for this campaign that focuses on users who love our brand and have acquired the lifestyle of digital nomads. While Coca-Cola is the official sponsor for ICC Cricket World Cup, it also pledges to offer its consumers with the best on-the-go experience this cricket season,” commented Abbas Arslan, Head of Marketing at The Coca-Cola Company, Pakistan.

Coca-Cola is one of Pakistan most favorite beverage with millions of customers, while Jazz is the country’s leading mobile operator serving about 60 million customers. The coming together of these two brands, after the success of the recently concluded Coke Festival powered by Jazz, showcases the mutually beneficial relationship these two enjoy.

Monday, June 17, 2019

Four more filtration plants to be added to the safe water initiative “PAANI”

Four more filtration plants to be added to the safe water initiative “PAANI”

Four more filtration plants to be added to the safe water initiative “PAANI”

Lahore, June 17, 2019: Water is a fundamental resource for the existence and survival of all life forms. UNICEF reports stunted growth in 38 percent of the children under five years in Pakistan. Stunting doesn’t only affect physical growth but also impacts the cognitive and mental development of children.

 To address this issue, CCI Pakistan collaborated with WWF Pakistan to set up safe drinking water filtration plants across the country under project name “PAANI”. Under this initiative, 24 water filtration plants have already been installed between 2013-2018 which continue to serve safe drinking water to approx. 750,000 underprivileged people. 

Keeping in view the success of “PAANI” project, Mr.  Ahmet Kursad Ertin, General Manager CCI-Pakistan, and Mr. Hammad Naqvi Khan, Director General WWF-Pakistan, have signed an agreement to install four more water filtration plants in 2019 across Pakistan. 

CCI Pakistan is a subsidiary of CCI- a multi-national beverage company operating in Turkey, Pakistan, Kazakhstan, Azerbaijan, Kyrgyzstan, Turkmenistan, Jordan, Iraq, Syria and Tajikistan. CCI is a key bottler company in the Coca-Cola system which produces, sells and distributes the Coca-Cola Company beverages.

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