(MT Newswires) -- James Quincey, CEO of The Coca-Cola Company, reports financial results that beat expectations, despite a backdrop of declining sales volumes, particularly in North America. The company responded by raising prices by 9% in the fourth quarter, offsetting the decline in volumes and projecting organic sales growth of between 6% and 7%. He points to organic growth of 12% for the final quarter, underpinned by key markets such as Mexico and Germany.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
62.93 USD | +1.55% | +1.50% | +6.79% |
Jun. 01 | Coca-Cola HBC, M&S and Elementis execs sell shares | AN |
May. 31 | COCA-COLA CO : Jefferies sticks Neutral | ZD |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
66.7 EUR | +0.76% | -1.62% | 33.3B | ||
62.93 USD | +1.55% | +1.50% | 271B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+6.79% | 271B | |
+2.81% | 46.44B | |
+15.35% | 22.21B | |
+46.70% | 18.64B | |
-6.66% | 16.3B | |
+23.68% | 11.3B | |
+2.80% | 11.1B | |
+5.67% | 9.2B | |
+44.91% | 6.01B | |
-7.08% | 4.32B |
- Stock Market
- Equities
- KO Stock
- News The Coca-Cola Company
- Coca-Cola raises prices to offset lower volumes