Daily Archives: February 2, 2020

Coca-Cola ends year on a high

coca-cola

Coca-Cola on Thursday reported higher sales and profit for the fourth quarter and full-year 2019, driven by concentrate sales growth of 2% for the quarter and 1% for the full year, with a price/mix rise of 5%

Net sales in the quarter grew by 16% to $9.1bn, while full-year net revenue rose by 9% to $37.3bn. The company said that the fourth quarter included one additional day, which resulted in an approximate 1-point benefit to revenue growth.