Coca-Cola suffers €3.4m loss

The fizz went out of Coca Cola’s Irish business last year as the firm slipped into the red to record pre-tax losses €3.4m.

Coca-Cola suffers  €3.4m  loss

It came ahead of Coca- Cola HBC Ireland Ltd announcing in January a voluntary redundancy programme concerning 75 job losses aimed at restoring the firm to profitability.

The losses last year of €3.4m follows profits of €18m in 2011 — a negative swing of €21.4m.

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