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Greek Coke bottler Cuts 2008 Targets

Source: Reuters
02/10/2008

Athens, Oct 2 - The world's second-largest Coke bottler Coca-Cola Hellenic (CCH) said on Thursday its 2008 earnings per share would be "broadly stable" versus a previous target of a 5-8 percent rise.

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It also lowered its volume growth target for the year to 4 percent from a previous estimate of 6 percent growth.

"Following further economic deterioration and continued adverse weather in some key market during the course of the third quarter, we are today revising our full-year guidance," CCH's managing director Doros Constantinou said in a statement.



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