He adds: “We remain resolutely focused on ensuring that we leverage our wonderful heritage and fuse it with what is expected by our consumers today in order to earn and sustain our place in their daily lives tomorrow.”Ĭoca-Cola says its brand health remains “consistently strong”, with continued improvements in “favourite brand scores” and growth among consumers who consume at least one of its beverages a week. In Europe, volume grew 1 per cent in the period, while net revenue declined 8 per cent to £1.3bn (£806m), which it blamed on “unfavourable” low pricing and currency impacts.Ĭoca-Cola’s chief executive and chairman Muhtar Kent says it has grown volumes where others in the sector have struggled by consistently investing in its system and brands to ensure its portfolio is “more relevant and healthier” today than ever before. Analysts had expected revenue of about $12.4bn (£7.7bn). The world’s largest soft drinks maker grew global volumes by 4 per cent year on year in the three months to 28 September, although net revenue grew just 1 per cent to $12.3bn (£7.6bn)– missing analysts’ estimates.
Coca-Cola’s Olympic TV spot that featured real imagery from the torch relay.
