Coca Cola's result increased

By: trademagazin Date: 2011. 04. 26. 12:54

The first-quarter result of Coca-Cola Co. is smaller than expectation of the analysts, however it is only smaller by one cent per share. The result was worse this year, because of lost sales in Japan. The company's share price fell by 1.4 percent.

The after-tax profit of the world's largest soft drinks manufacturer increased to1.9 billion USD, from last year's 1.61 billion USD, during the first quarter of the company's fiscal year, which represents a net income of 86 cents per share. The EPS is one cent short of the expectations of Thomson Reuters' analysts – reports Világgazdaság Online, after Reuters.

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