Coca-Cola attributes fall in Irish volumes to deposit return scheme 

Company said Irish volumes fell by mid-single digits for sparkling drinks, while still beverages declined by high-single digits

"Volumes decreased by low-single digits, as consumers adjusted to the impact of the DRS launched in February in the Republic of Ireland," Coca-Cola said

Coca-Cola HBC said it has seen a drop in sales in the first six months of 2024 as a result of the introduction of the deposit return scheme (DRS). 

Publishing its half-year results on Wednesday, the company said that Irish sparkling drinks volumes fell by "mid-single digits," while energy products delivered "high-single-digit" growth on tough comparatives. However, still drinks sold in the Republic declined by high-single digits, driven by water, the company added.