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Coca-Cola fears that coronavirus will harm the production of its light drinks

2020-02-27T12:57:19.255Z

The sweeteners that go into the composition of Coca light and Coca zero would already be affected by delays in production and



The new coronavirus would have consequences on the activity of Coca-Cola, "mainly in China", according to the manufacturer, which is concerned in its annual report published Monday. Affected products: low-fat drinks. The sweeteners that go into the composition of Coca light and Coca zero would be affected by production and export problems.

“Our supply chain for non-nutritive sweeteners and certain other ingredients in our products includes suppliers in China. Following the emergence of the new Covid-19 coronavirus, from January 2020, our suppliers in China experienced delays in the production and export of these ingredients, "said the document.

Limited impacts… for now

Coca-Cola expects long-term consequences if the situation drags on: “We have launched emergency supply plans and do not anticipate any short-term impact due to these delays. However, we may see tighter supplies of some of these ingredients in the longer term if production or export operations in China deteriorate. "

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Later in the report, the multinational insists on these unknowns: "Although we currently expect this disruption of activity to be temporary, there is uncertainty as to its duration and its wider impact, and therefore the effects that it will affect our business. "

"However, according to our current expectations, we believe that this disruption will have a negative impact on the volume of our files and our financial results for the first quarter of 2020," writes Coca-Cola. "For the moment, we do not anticipate that this disruption will have a significant impact on our unit for the volume of business or the financial results for the whole of 2020."

Source: leparis

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