Coca-Cola financial results for the third quarter exceeded forecasts


American soft drink manufacturer Coca-Cola increased its net profit by 30% in the third quarter from a year earlier to $1 billion 880 million. Earnings, not taking into account one-off factors, of 58 cents per share exceeded economists’ forecast of 55 cents per share. Revenues amounted to 8 billion 250 million dollars, a decrease of 9%. The figure also turned out to be higher than market expectations of $8 billion 190 million. Sales of carbonated beverages showed an increase in all regions. The most significant growth was observed in the Asia-Pacific region. Total sales increased by 2%.

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