Coca-Cola Braces for Impact of COVID-19, an Industrial Info Market Brief
Attachment: CocaCola0420
Executives at Coca-Cola Company remain uncertain as to how COVID-19 will affect financial performance, following first-quarter results that saw profits grow 60% from the same period last year. The company withdrew its 2020 outlook and said its global volumes fell 25% in April. The company warns the pandemic will have a significant impact on its second-quarter performance, whatever the numbers.
