CEO Muhtar Kent's take on global markets
Latin America: what’s going on in Brazil?
Mid single-digit volume decline in Brazil seems to have taken the beverage giant by surprise.
“In Latin America, Mexico is relatively stable and continues to track close to the United States, because they're so closely linked. Brazil continues to deteriorate faster than we expected.
“Venezuela continues to increase as a concern, given the growing difficulty on maintaining supply in the marketplace, and Argentina just continues to be challenging.
“Columbia is again a star in Latin America in terms of performance and macro conditions.”
