Coca-Cola issues European safety recall over 'excessively high chlorate content'
Published On Jan 29, 2025, 7:50 AM
Coca-Cola has announced a recall of all variants of its beverages produced at a facility in Belgium due to excessively high chlorate content. The recall affects products sold in Belgium, Luxembourg, and the Netherlands, including popular drinks like Coca-Cola, Sprite, and Fanta. Consumers are advised not to consume the affected products and to return them for a refund. While there are health risks associated with high chlorate levels, Coca-Cola stated that independent analysis shows the risk to consumers is very low.
Stock Forecasts
KO
Negative
The recall could lead to a temporary decline in sales and potential reputational damages for Coca-Cola in Europe. However, since the risk to consumer health is reported to be low and the company has a strong brand, the market may see a quick recovery once the recall is effectively managed.
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