COCA-COLA says its profit have risen in the third-quarter as the world's biggest beverage maker managed to sell more of its drinks despite choppy economic conditions.
The maker of Sprite, Powerade and Vitaminwater said global sales volume edged up two per cent, fuelled by its performance in emerging markets such as China, India and Russia.
Although the Atlanta-based company is struggling to sell more of its namesake soda back at home, it has continued to boost sales by introducing smaller cans and bottles that better fit with people's lifestyles, as well as focusing more heavily on other drinks, such as flavoured water.
In North America, for instance, soda volume was flat for the period, following a four per cent decline in the previous quarter and flat growth a year ago. But uncarbonated drinks such as tea, juice and bottled water, rose five per cent. As a result, overall volume for the region rose two per cent.
Meanwhile, soda sales are faring much better in developing markets; the company said its namesake brand saw volume growth of 22 per cent in India. In China, soda volume rose eight per cent.
The company blamed volatile economic conditions for more disappointing results in other parts of the world. In Europe, volume fell one per cent. Coca-Cola also cited hurricanes for a two per cent volume in Mexico.
For the quarter, the company said it earned $US2.45 billion ($A2.59 billion), or 54 cents per share, up from $US2.31 billion, or 50 cents per share, a year ago.
Not including one-time items, earnings per share were 53 cents, which was in line with Wall Street expectations.
Shares of Coca-Cola Co rose 1.6 per cent at $US38.51.
Anda sedang membaca artikel tentang
Coca-Cola's profit up on increased sales
Dengan url
http://pepatahama.blogspot.com/2013/10/coca-colas-profit-up-on-increased-sales.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Coca-Cola's profit up on increased sales
namun jangan lupa untuk meletakkan link
Coca-Cola's profit up on increased sales
sebagai sumbernya
0 komentar:
Posting Komentar