date:May 27, 2014
rtfolio, while water brands and the Play brand performed well in still drinks. EBITA margins were under pressure owing to the deteriorating exchange rate and the higher input costs but the impact was contained and offset through continued focus on increased productivity, resulting in reported EBITA margin growth of 40 bps.
* The business capability programme concluded at the end of the year, having built our global procurement and European manufacturing organisations, together with our standard