Organic Revenue Growth and EPS Increase
Coca-Cola reported 6% organic revenue growth and a 6% increase in comparable earnings per share despite 6% currency headwinds.
Global Value Share Gains
For the 18th consecutive quarter, Coca-Cola gained overall value share, holding or gaining value share across each of its geographic segments.
Refranchising Milestones
Coca-Cola announced the sale of a 40% ownership stake in its Indian bottler and Coca-Cola Hellenic's intention to acquire a controlling interest in Coca-Cola Beverages Africa, completing significant steps in its refranchising strategy.
Innovation and Marketing Success
Coca-Cola's innovation contributed strongly to revenue growth, with new products like Sprite + Tea, BACARDÍ Mixed with Coca-Cola, and Powerade Springboks edition. The company also launched successful marketing campaigns, such as the Fanta Halloween campaign in 50 markets.
Strong Performance in North America
Coca-Cola gained value share in North America, driven by strong revenue and profit growth. Innovations like retro Diet Coke with Cherry and Lime and brand investments contributed to success.