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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Coca-cola Hbc Ag | LSE:CCH | London | Ordinary Share | CH0198251305 | ORD CHF6.70 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2,636.00 | 2,628.00 | 2,630.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Btld & Can Soft Drinks,water | 10.18B | 636.5M | 1.7061 | 15.42 | 9.81B |
By Denny Jacob
Coca-Cola Co. said Tuesday it is suspending its business in Russia.
The soft drink company said it will continue to monitor and assess the situation as circumstances evolve.
Coca-Cola said the impact to the company is not yet fully known. The company's business in Russia and Ukraine contributed about 1% to 2% of its consolidated net operating revenues and operating income in 2021, according to its most recent public filing. The company said it had an approximately 21% ownership interest in Coca-Cola HBC AG, the company's bottling and distribution partner in the region, as of Dec. 31, 2021.
Shares of Coca-Cola are down 3.7% at $58.81 late in Tuesday's trading session.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
March 08, 2022 16:12 ET (21:12 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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