Johnston May Be The Bottler That RefreshesWalecia Konrad
Stockholders at Coca-Cola Co. have plenty to cheer about. Average annual return on the stock has been 29% for the past five years. On the other hand, shareholders of the soft-drink giant's 49%-owned Coca-Cola Enterprises Inc., the largest Coke bottler, are apt to be groaning. The stock is languishing around 14 3/8, slightly below the initial offering price of 16 five years ago.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.