Tag Archives: Coca-Cola Company

Coca-Cola reports 6% revenue growth in Q2, helped by innovation, brand performance and strong market execution

Coca-Cola on Tuesday reported a 6% revenue growth to $10bn for the second quarter of 2019, driven by consumer-centric innovation, solid core brand performance and improved execution in the marketplace.

The company said it continued to gain global value share, which led to an update of its full year guidance for 2019 to 5% organic revenue growth.

Commenting on the results, the CEO of The Coca-Cola Company, James Quincey, said: “Our strategy to transform as a total beverage company has allowed us to continue to win in a growing and vibrant industry.

Coca-Cola gets approval to sell its Energy drinks

Coca-Cola has received approval to market its new trademark energy drink across the globe. The soft drinks giant and Monster Beverage Corp announced on Monday in a joint statement that the arbitration tribunal looking into whether Coca-Cola violated the terms of a 2015 agreement with Monster not to sell its energy drink as it would put the company in direct competition with Monster ruled that Coca-Cola can continue to sell and distribute Coca-Cola Energy, including in markets where it has already been launched and is free to launch the product in new markets globally.

Coca-Cola ranked as the fourth most admired brand in Africa

Coca-Cola has been ranked as the fourth most admired brand in Africa’s Best 100 Brands Awards.

Camilla Osborne, Head of Communications, Southern and East Africa made the disclosure on Monday.

Osborne said that Coca-Cola was the only food and beverage brand ranked in the top five most admired brands in Africa, based on the opinions spontaneously recalled by consumers.

Coca-Cola stretches its boundaries as it preps to launch alcohol mixers

Coca-Cola is set to launch a new set of premium mixers under its signature Coke brand as it expands into the premium mixer market.

The new mixers will have four flavours produced to be mixed with dark spirits, which will be unveiled in the UK in June, supported with a fully integrated marketing campaign.

Coca-Cola prepares to launch Coca-Cola coffee blend

Coca-Cola has announced plans to make a push into coffee with the launch of Coca-Cola coffee later this year.

The company will unveil the new drink in more than 25 markets around the world later in 2019.

Commenting on its plans, Coca-Cola CEO, James Quincey, said: “Coke Coffee was designed to reach consumers during specific occasions and channels like the mid-afternoon energy slump at work.”

Coca-Cola post strong Q1 results, driven by innovation and revenue management initiatives

The Coca-Cola Company said on Tuesday that first quarter revenue grew by 5% to $8.02bn (€6.17bn) from $7.6bn in 2018.

The company noted that concentrate sales growth of 1% and price mix growth of 5% in the first quarter were driven by consumer-centric innovation and solid revenue management initiatives in the marketplace.

Commenting on the results, the CEO of The Coca-Cola, James Quincey, said: “We’re encouraged by our first quarter results as our disciplined growth strategies continue to deliver strong underlying performance.

Coca-Cola introduces first Energy drink under its brand name

Coca-Cola Energy drink is set to make its debut in the UK in April as the soft drinks giant tries to appeal to younger demographics and diversify away from its namesake soda.

The Energy drink being rolled out will have two variants – with and without sugar.

Jon Woods, general manager of Coca-Cola Great Britain and Ireland, says: “Our strategy is to offer people a wide range of drinks to meet different lifestyles and occasions and Coca-Cola Energy is the latest example of that.

Coca-Cola and bottling partners to boost recycling of PET in East, Southern Africa with $38m investment

Coca-Cola has announced new collection and recycling plans for PET plastic in Southern, East and Central Africa for the next three years.

The company, in partnership with its bottling and industry partners in the region, will invest around US$38m to boost recycling industries and educate consumers about recycling.

Coca-Cola revitalizes football with premier league partnership

Coca-Cola, at the weekend formally unveiled a new and exciting partnership with the English Premier League, the world’s number one football league.

Under the three-and-half-year deal, Coca-Cola joins the likes of EA Sports, Barclays, Cadbury, Carling, Nike and TagHeuer as the seventh official partner of the EPL.

With this partnership, Coca-Cola expands its already extensive sponsorship of football, having been title sponsor of the English Football League from 2004 to 2009 and supported the beautiful game through diverse global, regional and local activities over the years.

Coca-Cola full year revenue fall on refranchising costs, currency headwinds

Beverage giant Coca-Cola on Thursday announced its results for full year 2018. The company reported a 10% decline in revenue to $31.9bn, down from $35.4bn in 2017, with sales falling 6% in the fourth quarter to $7.1bn. The company blamed the decline on costs associated with bottler refranchising of company owned operations and currency headwinds.