Coca-Cola’s report was published
Coca-Cola published its third quarterly report on Tuesday. The company’s revenue fell by 9.2 percent to 8.245 billion USD, compared with the same period of the previous year. Coca-Cola explained the decline with the transformation of the company’s bottling franchise – portfolio.hu wrote.
However, the company’s third-quarter revenue surpassed the 8,161 billion USD consensus expected by analyst.
Soft drink sales grew by 2 percent in the third quarter, boosted by Coca-Cola sales, and a strong the growth in low calorie Fanta and Sprite sales. (portfolio.hu)
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