SodaStream caught in revenue slide

Third-quarter profit for SodaStream International has sank to 76% and revenue has fallen below analysts’ expectations, as the company continues to work through a restructuring. SodaStream, which popularised the notion of make-it-at-home soda, is recasting itself as a sparkling water dispenser after hiring a two-star Michelin chef to concoct flavors like “raspberry lychee rose” amid rising competition.

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