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Today's headlines

  • The Coca-Cola Company records a 4% decline in Q1 2014 net revenue, with operating income falling 1%

  • Danone posts a 5.2% decrease in Q1 2014 sales to €5.06bn due to unfavourable currency exchange movements

  • Italian drinks firm Gruppo Campari agrees to acquire 100% of grappa and sparkling wine producer Fratelli Averna for €103.8m

  • The Coca-Cola Company and Mexican soft drinks bottler Arca Continental complete the acquisition of Ecuadorean dairy and packaging conglomerate Tonicorp

  • Irish Dairy Board reveals plans to invest €30m in a new butter factory in Mitchelstown, County Cork, that will create 50 new jobs and have a capacity of 50,000 tonnes

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