Coca-Cola recovery hopes hanging on vaccine successes 

Coca-Cola said a return to revenue growth this year is dependent on a lifting of social restrictions.

Coca-Cola has forecast a return to organic revenue growth this year after a torrid 2020, betting vaccine rollouts across the world will encourage consumers to return to cinemas and sporting events that drive a chunk of its sales.

The company depends on non-retail channels for over a third of its sales, but the health crisis limited restaurant operations, forced cancellation of events, and kept consumers largely indoors, causing a 9% drop in organic sales last year.