(Reuters) – Coca -Cola reported a surprise increase in his comparable turnover and exceeded expectations on his profit in the fourth quarter on Tuesday, carried by higher prices and the resilience of the demand, causing The upward title before the bell.
The soda giant has endeavored to capture demand in emerging markets such as India and expand its portfolio in North America, where consumers are becoming more and more concerned with their budgets.
Partnerships with fast food chains such as McDonald’s also stimulated sales.
Coca-Cola benefited from high demand for its marks of carbonated drinks such as Fanta and Sprite, the volumes that increased by 2% in this segment, which represents around two thirds of the total volumes of the company.
Conversely, Pepsico, its main competitor, announced last week a drop in turnover for the fourth quarter more marked than expected, faced with low demand for its products in the United States.
“Pepsi has lost shares in North America in sparkling and Coca-Cola drinks was more efficient in sugar-free and sparkling drinks in particular”, according to Charlie Higgs, researcher at Redburn Atlantic.
In New York, around 12 noon GMT took approximately 2% in foreign trade.
Net turnover in the fourth quarter of Coca-Cola climbed 4.2% to $ 11.40 billion (11.03 million euros), above the expectations of analysts who were tabling out of 10.68 billions of dollars and a 2.47% decrease in annual sliding, according to LSEG data.
The profit also exceeded expectations, at 55 cents, while analysts were tabbling on 52 cents.
Coca-Cola expects organic turnover of 5% to 6% for 2025, after an increase of 12% last year.
These forecasts are in the upper part of the group’s long -term organic growth objective, a range of 4% to 6%.
(Written by Juveria Tabassum in Bangalore, Noémie Naudin, edited by Augustin Turpin)
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