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.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements