Coca-Cola’s profit declined in Europe, but increased overall

Coca-Cola’s profit and sales increased less than expected in the fourth quarter of last year.

The Coca-Cola’s after-tax profit was 1.87 billion USD, 41 cents per share, in the three-month closed at the end of December. This exceeded previous year's 1.66 billion USD, 36 cents per share profits, but it is lower than the experts’ expectations of 44 cents per share.

The company's revenue rose by 3.8 percent to 11.46 billion USD, but is also below the analysts' expectations. (index, MTI)