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Coca-Cola sales boosted by emerging markets

in International Business

Coca-Cola sales boosted by emerging markets

Coca-Cola has reported higher quarterly sales thanks to strong growth in emerging markets.

The US soft drinks giant announced a 6% rise in operating revenue to $11.14bn (£6.98bn) in the first three months of the year on the same period a year ago.

It said it had seen volume growth in all regions that it operates in but highlighted India (+20%), China (+9%) and Brazil (+4%).

Net profit for the quarter rose 8% on the year to $2.05bn.

As well as Coke, the group owns other brands including Fanta, Sprite, Vitaminwater, Powerade, Minute Maid and Del Valle.

Volumes grew 9% at its still beverage division, outperforming the 4% growth in sparkling beverages.


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