Finanzas: Organic results solid at Coca-Cola

 

Coca-Cola (NYSE:KO) reports organic revenue increased 3% in Q3 on an even split of price/mix and volume growth.

Organic revenue: Europe/Middle East Africa +2%, Latin America +11%, North America +3%, Asia Pacific flat, Bottling +2%.

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Reported income before taxes: Europe/Middle East Africa -2%, Latin America -16%, North America +12%, Asia Pacific +2%, Boittling -34%.

The company says it gained value share in the nonalcoholic ready-to-drink beverages category.

Operating margin improved by over 50 bps during the quarter.

KO +0.61% premarket to $42.80.

Fuente: Seeking Alpha


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