UPDATE 2-Greek Coke bottler Q3 slips; Russia weighs

* Coca-Cola Hellenic Q3 net down 3 pct

* Recession hits soft drink demand, forex losses weigh

* Profit margins resilient thanks to cost savings

* Economic conditions remain tough

(Adds more CEO comments, detail, share price)

By Angeliki Koutantou

ATHENS, Nov 5 (Reuters) - Coca-Cola Hellenic (CCBq.L), the world's second-largest bottler of Coca-Cola, reported on Thursday third-quarter net profit in line with market expectations and said outlook remained uncertain due tough economic conditions.

The global downturn has led to consumers cutting spending and to currency devaluations, hurting CCH's business, particularly in developing countries such as Russia and Nigeria, which account for about two thirds of CCH's sales.

Coca-Cola Hellenic (CCH) said third-quarter net profit fell 3 percent year-on-year to 206.1 million euros ($303.9 million), as soft drink demand softened.