Coca-Cola’s revenue increased

The flash report season in the United States continues. Coca-Cola published its figures for the last quarter of 2019 – Világgazdaság Online wrote.

The beverage giant was finally able to show positive trends in 2019, following the steady decline in its annual sales in 2016, 2017 and 2018 (by almost 30 percent in the last three years). Last year, the company was able to record a spectacular increase in revenue. This was especially true in the fourth quarter, when the company’s sales were up 29 percent year-on-year. It seems that the Coca-Cola renewal has clearly been successful and is still worth operating under the Coke brand name (several new products have appeared under that name). (vg.hu, Buró Szilárd, Chief Financial Officer of Equilor Investment Ltd.)