Atlanta-based The Coca-Cola Co. reported worldwide volume growth of 2 percent as well as volume and value share gains for its non-alcohol ready-to-drink (NARTD) beverages portfolio during the first quarter of 2014.
"Our growth momentum is steadily improving in line with our expectations, as we delivered sequentially stronger volume growth of 2 percent in the quarter while gaining global volume and value share in non-alcoholic ready-to-drink beverages,” said Muhtar Kent, chairman and chief executive officer of The Coca-Cola Co., in a statement. “While we are making meaningful progress across our five strategic priorities to restore our momentum, we are firmly committed to further advancing our growth trajectory through 2014 as we are accelerating marketing investments in our brands and focusing relentlessly on marketplace execution in partnership with our bottling partners around the world.