In Brazil, sales for Coca-Cola totaled 9.264 billion Mexican pesos (US$ 493.2 million) in the second trimester of 2016. This represents a 5% increase in comparison to the same time period the year before.
While in value sales rose, in volume sales of Coca-Cola fell in the country. In volume, sales fell 4.6% between April and June equaling 148 million boxes. During the period, sales of soft drinks fell -5.2% in volume to 130.5 million boxes. In terms of revenue, sales of soft drinks rose 6.3%, according to the company.
Coca-Cola Femsa also presented a drop in volume in sales of water of -1.2% and other non-alcoholic drinks, -2.5%.
According to the company, revenue of beer in Brazil reached 1.514 billion Mexican pesos (US$80.6 million) in the second trimester.
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Read more at Supermercado Moderno (in Portuguese) Sales Rise for Coca-Cola in Brazil
Brazil Business News is a blog about business in South America's largest economy. This blog offers opinion pieces about doing business as well as touches on the top trends and issues in business across a wide range of industries and areas, such as industry, agriculture, automotive, technology, energy and more.
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