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.
UK senior partner Phil Verity has been elected for a second term at Mazars
Tallat Mahmood appointed to corporate finance team of Top 20 firm
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes
Top Ten firm RSM has appointed Nick Blundell as its head of corporate tax in Birmingham