The Coca-Cola Company has recorded close to a $1bn impairment on its Bodyarmor sports drink brand, a charge that hit profits in the fourth quarter of last year. Announcing its financial results today (10 February), the Fanta maker said operating income slid 32% in the period, attributed in part to a $960m charge related to an impairment on the Bodyarmor trademark and "currency headwinds". The company said the Bodyarmor charge was “primarily driven by revised projections of future operating results, incl ...