Beverage News

Coca-Cola reports second quarter growth

July 21, 2010
/ Print / Reprints /
ShareMore
/ Text Size+

The Coca-Cola Co., Atlanta, reported worldwide volume growth of 5 percent and a net revenue increase of 5 percent for the second quarter of 2010.  

Led by the Coca-Cola brand, volume grew 2 percent in North America, and internationally volume increased by 6 percent for the second quarter, the company reported. The company grew its volume 4 percent for the first half of 2010.

Year-to-date net revenue increased by 5 percent, the company said. Operating income increased by 13 percent in the quarter and by 15 percent year-to-date, it reported.

Brand Coca-Cola, which was up 5 percent in the second quarter and 4 percent year-to-date, aided the company’s growth through investments in global properties, such as the FIFA World Cup sponsorship and the “Open Happiness” marketing campaign. Brazil, Mexico, the Philippines, Turkey, Thailand, Russia, India and the United States saw strong growth in the Coca-Cola brand.

Total sparkling beverage volume increased 3 percent in the quarter, with international sparkling beverage volume increasing 4 percent. Total still beverage volume increased 10 percent in the quarter, led by continued growth in juices and juice drinks, sports drinks, teas and water brands. Still beverage volume increased 11 percent internationally.

The company also is engaged in integration planning for its acquisition of Coca-Cola Enterprises’ North American bottling operations, which it expects to complete in the fourth quarter of 2010, it said.

 Did you enjoy this article? Click here to subscribe to Beverage Industry.  

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Dinner with Tequila Don Julio

Diageo is taking its Tequila Don Julio brand on the road this summer with a rolling Airstream Speakeasy mobile craft cocktail bar. The team stopped in Chicago on July 29 to share some specialty tequila cocktails paired with food from Chicago restaurants Honey Butter Fried Chicken and The Radler as well as dessert venues Black Dog Gelato and Baker Miller. (Photos by Jennifer Haderspeck)

9/17/14 2:00 pm EDT

The Path to New Product Success: Navigating the latest trends for new beverage development

By attending this webinar, you will learn about the top trends and how they fit into the CPG market, which channels are influencing new products and technology, how Packaging fits into your product development, and ways you can use innovation to increase sales.

Podcasts

Maintaining beverage dispensing equipment

Iuliana Nita, Saint-Gobain Performance Plastics global marketing manager of food and beverage, offers her insights about ensuring sanitary performance of beverage dispensing equipment in foodservice applications. She also will offer some tips about choosing the right kind of tubing to handle acidic beverages.

Beverage Industry Magazine

BI September 2014 cover

2014 September

The September 2014 Beverage Industry includes a cover story on our Wholesaler of the Year, The Odom Corp., as well as articles about single-cup and iced coffees, cconvenience store growth, vegetable flavors, and more. Check it out today!

Table Of Contents Subscribe

Beverage Insider eNewsletter

Are you an Insider? Subscribe to Beverage Industry’s weekly e-newsletter to receive news headlines, new product information and magazine highlights.   

Coffee Segments

Which coffee segment will be impacted the most by coffee bean increases?
View Results Poll Archive

THE BEVERAGE INDUSTRY STORE

cleaning-in-place-dairy-foo.gif
Cleaning-in-Place: Dairy, Food and Beverage Operations, 3rd Edition

This book addresses the principles of cleaning operations, water supply issues and the science of detergents and disinfectants.

More Products

Webinars

Beverage Industry Webinars are an easy, effective and convenient way to get educated and informed on the latest industry trends and topics. All Webinars are FREE unless indicated. For more information, check out our Events page!

STAY CONNECTED

facebook40 twitter    youtubelinkedgoogle+ icon 40px