Brief: Coca-Cola Icecek Says Sales And Distribution Activities Of Dogadan Brand In Turkey Will Be Terminated As Of April 30

Coca-Cola Icecek AS

02/04/2020 06:38

April 2 (Reuters) - COCA-COLA ICECEK  CCOLA.IS :
    * SAID ON WEDNESDAY ACCORDING TO AGREEMENT WITH DOGADAN
BRAND, OUR
COMPANY'S SALES AND DISTRIBUTION ACTIVITIES OF DOGADAN BRAND IN
TURKEY WILL BE TERMINATED AS OF APRIL 30
    * ACCORDINGLY, OUR COMPANY'S SALES AND DISTRIBUTION
ACTIVITIES OF
DOGADAN BRAND IN KAZAKHSTAN AND AZERBAIJAN IS PLANNED TO BE
TERMINATED AS OF END OF APRIL
    * SHARE OF DOGADAN BRAND IN COCA-COLA ICECEK'S TOTAL VOLUME,
SALES
REVENUE AND EBITDA IN 2019 WAS 8.3%, 1.9% AND 0.2% RESPECTIVELY

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKAbhhV5v
    
 Further company coverage:  CCOLA.IS  
   


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