Growth targets for 2006 and beyond have been reduced to six per cent from a previous estimate of between eight and 10%.
And long-term sales forecasts have been amended from four to three per cent.
Analysts believe that Coca-Cola’s move is a reflection of its problems in recent years in its core market, and its failure to respond to new trends in the soft drinks market.
The company has been slow in pushing into the bottled water and fruit juice brands, as consumers push for healthier drinks.
In the UK, Coca-Cola launched a still water drink, Dasani, only to later admit it was distilled tap water. In March this year, it was pulled from the shelves amid a health scare.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016