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Higher prices help put fizz back into Coca-Cola

World's largest beverage company posts first quarterly sales gain in two years, boosting profits

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Higher retail shelf prices and an increased mix of more profitable drinks lifted pricing by 3 per cent globally, and profit rose to 48 cents a share, more than the 42 cents estimated by analysts.

Atlanta

COCA-COLA Co, the world's largest beverage company, posted its first quarterly sales gain in two years after higher drink prices helped make up for sluggish demand.

The sales increase helped propel profit to 48 cents a share, excluding some items, Atlanta-based Coca-Cola

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