Pretty much no growth in revenues or case volumes. The Indo numbers look good - but appears to be due to reduced costs, with the top line flat. I thought the growth plan there was meant to raise volumes within the growing middle class. They had a bit of a spurt in HY 2016, and now it is flat-lining. I suspect HQ will be putting pressure on to spend up big on marketing to try to raise market share. Suspect CCL will do better selling bubble teas there though.
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