While volumes increased two percent in North America, it was the rest of the world that once again led the way.
In Eurasia and Africa volume grew 12% including 30% volume growth in Russia, while volume in the Pacific grew 11% in the quarter, supported by 12% growth in China, 11% in Japan and 19% in the Philippines.
"We continue to build on our momentum, delivering solid volume, revenue and profit growth this quarter, with our results exceeding all of our long-term targets and generating sustainable value for our shareowners," said Muhtar Kent, Coke's chief executive officer.
The firm added that "total still beverage volume increased 11% in the quarter, led by continued growth in sports drinks, juices and juice drinks, teas and water brands."
Source: AFP
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