Think Coke, think consumers quenching their thirst on hot summer days, think healthy profits.

Think again, however, as poor weather in Europe and North America has hit Coca-Cola Enterprises' sales and forced the soft drinks bottler and distributor to re-calculate its forecast for the year.

Shares are expected to reap a dividend of $1.21 (€0.9, £0.6), down on analysts' expectations of $1.39 and significantly lower than the company's optimistic forecast in July of $1.43.

The Atlanta, US-based company has said its European sales will fall by around 3 percent, while North American sales face a 1 percent drop.

After the announcement of the figures, parent company Coca-Cola saw its share price fall by $2.20 to $43.45.

Data sourced from: New York Times; additional content by WARC staff