CCC

The Coca-Cola Company (CCC) has posted 4% increase in global volume for the full year 2012 compared to the volume figures of 2011.

The company reported volume growth in important markets like Thailand (+22%), India (+16%), Russia (+8%), North America (+2%) and Japan (+2%).

In Europe, volume declined 1% for the full year, mainly due to difficult economic conditions.

The increase in global volume was mainly led by Coca-Cola brand, whose worldwide volumes grew by 3% for the full year, with growth in markets like India (+33%), Thailand (+31%), Russia (+20%), the Philippines (+8%), Brazil (+3%) and Mexico (+3%).

Full-year reported net revenues were up by 3% and comparable currency neutral net revenues were up by 6%, compared to full-year results of last year.

The company’s consumption volume grew 5% globally in 2012, primarily driven by in-store activation efforts and cold-drink equipment expansion.

Among the beverage categories, volumes of sparkling beverage, Fanta, Sprite, still beverage, ready-to-drink tea and packaged water grew by 3%, 5%, 4%, 10%, 14% and 12% for the full year, respectively.

CCC chairman and CEO Muhtar Kent said they are happy to deliver solid volume, revenue and profit growth in a year that was marked by uncertain economic conditions.

"The Coca-Cola Company has consistently delivered quality results and met or exceeded its long-term volume, revenue and profit growth targets every year since the announcement of our 2020 Vision at the end of 2009," Kent added.

"This reflects the commitment of our entire system to invest together for a better tomorrow and to sustainably create shared value while making a positive difference in the communities we serve. Together we are delivering on our priorities and achieving success."

Photo: Coca-Cola’s nonalcoholic ready-to-drink beverages volume and value share grew for the full year. Image courtesy of THE COCA-COLA COMPANY.