The Coca-Cola Co., Atlanta, reported another quarter of solid operating performance, capping off strong financial results for the year, it says. While reported net revenues declined because of refranchising and currency headwinds, the company delivered organic revenue (non-GAAP) growth within its long-term target for the sixth consecutive quarter, while also gaining value share globally, it said.
“I am pleased with our strong organic revenue and earnings growth in 2018. Our results demonstrate progress in our transformation as a consumer-centric, total beverage company and the power of a more strategically aligned system,” said James Quincey, chief executive officer of The Coca-Cola Co., in a statement.