Costa Coffee hails ‘strong progress’ after Coca-Cola scraps sale

As reported by City AM · Updated 3 Oct, 11:42 · Archive

Costa Coffee has hailed a year of “strong progress” after owner Coca-Cola scrapped plans to sell it, with the coffee chain saying its refurbishment plan is paying off. The UK’s second-largest coffee chain grew revenue by five per cent to £1.3bn last year and returned to operating profit. Coca-Cola had been hoping to offload the [...]