Coca-Cola suspends business in Russia; notes 1-2% revenue exposure in 2021

COCA COLA CO

Company suspends operations in Russia citing tragic events in Ukraine.
In 2021, Russia and Ukraine contributed ~1-2% of consolidated net revenues and operating income.
As of Dec. 31, 2021, Coca-Cola held ~21% ownership in bottling partner Coca-Cola HBC AG in region.
Company will continue to monitor and assess situation as circumstances evolve.

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