Despite the impact on sales in the first quarter of the year, the company expects to achieve its financial objectives.
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The multinational beverage corporation The Coca Cola Company warned Friday through a statement that its sales in the first trimester This year they will be expected to be affected by the coronavirus 2019-nCoV, which has already caused around 2,300 deaths worldwide.
It is estimated that the pandemic that originated in China will cause a foreseeable reduction in sales volumes in 2 to 3 points, contracting between 1 and 2 points the turnover of the company for the first quarter. However, he said that despite these forecasts, the company “still expects to reach its annual guide presented above.”
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The soft drink giant also expressed in its statement its “deepest solidarity” to all people who have been affected by the lethal virus and said The Coca Cola Company has implemented precautionary measures to protect its employees in China.
Previously, an Oxford Economics study estimated that the coronavirus would affect the world economy, causing losses of more than $ 1 trillion.
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