Coca-Cola beat expectations – Europe boosted quarterly results
Coca-Cola performed above its weight in the latest quarter: according to the latest report, the beverage giant exceeded analysts’ expectations, which is mainly due to strong demand in European markets. In other regions, the company reported more subdued sales, writes CNBC.
According to CNBC, Coca-Cola’s adjusted earnings per share reached 87 cents, compared to the 83 cents expected by the market. Total revenue was $12.62 billion, which also slightly exceeded the preliminary forecast of $12.54 billion.
The company’s net sales increased by 1 percent year-on-year, while organic growth (adjusted for exchange rate and acquisition effects) was 5 percent. This is mainly due to price increases, which were felt worldwide, especially in European markets.
Strong Europe, mixed elsewhere
Coca-Cola highlighted that sales volumes in Europe remained strong, offsetting weaker performance in other regions, particularly the US and Asian markets. This regional difference played a key role in the overall positive results.
The company also slightly lowered its full-year earnings per share guidance, setting a target of 3 percent, the upper end of its previous forecast. However, it maintained its organic revenue growth target of 5-6 percent in 2025.
Investor reaction to the report was muted, with Coca-Cola shares trading slightly lower in premarket trading. In recent months, the stock has been trading between $60 and $64, showing a moderate but stable trend.
Related news
Ben Stiller gets into the better-for-you soda space
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Coca-Cola aims to help solve the orange juice crisis with AI
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Coca-Cola and Disney teamed up for great success
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The 2025 Symbol of Sustainability Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >MNB Director: The rate of price increases may decrease permanently to the central bank’s tolerance band at the beginning of 2026
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Nestlé and Tesco again support the work of the Food Bank
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >