date:Jul 19, 2012
in Q2 2012 (5% in the year to date), while Q2 net revenues grew 3%.
Western recessions drag on
The firm noted volume growth in key emerging markets such as India (20%), Russia (9%), China (7%) and Brazil (6%), but said volume performance remained soft in European regions.
Central and Southern Europe and Northwest Europe and Nordics both suffered 5% declines in the quarter, due to the ongoing recession and unfavorable weather.
Beyond India, Russian Coke brand volumes were up 23%, the Philippi