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Coca-Cola reports revenue growth for first time in nine quarters

Wednesday, April 22, 2015 - 19:54
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Coca-Cola Co reported a rise in revenue for the first time in nine quarters, helped by a 6 per cent rise in revenue from North America, its biggest market.

[NEW YORK] Coca-Cola Co reported a rise in revenue for the first time in nine quarters, helped by a 6 per cent rise in revenue from North America, its biggest market.

The world's largest beverage maker's shares rose 2.3 per cent to US$41.70 in premarket trade on Wednesday.

Net income attributable to shareholders fell to US$1.56 billion, or 35 cents per share, in the first quarter ended April 3, from US$1.62 billion, or 36 cents per share, a year earlier.

Net operating revenue rose 1.3 per cent to US$10.71 billion.

REUTERS