(Reuters) – Coca -Cola turnover in the second quarter exceeded expectations on Tuesday, the American drinks giant having benefited from the demand sustained for its sodas.
The action, which took 12.5% since the start of the year, was up approximately 1% in the trade-off on Tuesday.
The known brands of Coca-Cola and its global presence have so far allegedly alleviated the effects of a general weakening of sodas demand in the United States.
The group was able to increase its prices on inflationary markets such as Latin America and the United States, while volume growth has remained stable.
The demand for its protein milkshake brands in the United States has also been strong, consumers seeking healthier drinks and snacks.
The comparable turnover of Coca-Cola increased by 2.5% to 12.62 billion dollars (10.79 billion euros), while analysts were tabling on growth of 1.86% to 12.54 billion dollars, according to LSEG data.
(Written by Juveria Tabassum in Bangalore, Noémie Naudin, edited by Augustin Turpin)
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