Coca-Cola Enterprises Inc. (CCE) announced that it has entered into a deal with The Coca-Cola Company to distribute glaceau brands smartwater, vitaminwater, and vitaminenergy. CCE will carry all major package sizes and flavors of each brand in the majority of its U.S. territories and channels beginning November 5, 2007.
The impact of the glaceau brands on 2007 results is not expected to be significant and CCE affirms 2007 full-year guidance of comparable earnings per share in a range of $1.27 to $1.32, including currency impact and excluding nonrecurring items.
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