Turkish Coca-Cola bottler Coca-Cola İçecek names Ahmet Kürşad Ertin as CEO from July 2026 while reporting strong 2025 volume and revenue growth despite a challenging economic environment.
Brown-Forman surpassed third-quarter expectations as demand for Jack Daniel’s and ready-to-drink beverages supported results despite sales declines in developed markets such as Canada and the United States.
Profit was supported by strong sales growth, margin expansion and the strategic acquisition of Bullet beverage brands across African markets.
The new line aims to double manufacturing capacity while enhancing sustainability, export potential and technological capabilities.
Foreign currency translation loss, which stood at N290.7 billion in 2024, declined to zero in the year under review.