Outstanding results at Coca-Cola

Coca-Cola’s profit increased in the first quarter, despite the increased cost of raw materials, thanks to the sales volume growth.

The main points of Coca Cola’s flash report:
– revenues increased by 6,while profits increased by 8 percent in the first quarter, comopared to the same period of last year.
– revenues and earnings per share exceeded the analysts' consensus
– gross margin levels decreased, due to the increase in raw material costs
– the company spends more on marketing in order to support the brand.

Coca-Cola reported increase in sales volume in all regions in the first quarter, compared to a year earlier. The company’s revenues jumped by 5.9 percent, which exceeded analysts' expectations as well. (portfolio.hu)