The Coco-Cola Company has reported 3% rise in net revenues for the second quarter (Q2) of 2012, as compared to the same period in 2011.

When compared to Q2 2011, the operating income grew 4% during the Q2 2012.

The company’s worldwide volume growth increased 4% for the Q2 2012, as compared to the same period in 2011.

Key developed markets, including Japan, North America and Germany, as well as key emerging markets such as India, Russia, China and Brazil have recorded volume growth.

Volume performance was soft in regions of Europe such as Central and Southern Europe and Northwest Europe and Nordics, both down 5% in the quarter, as a result of the ongoing economic slowdown and unfavorable weather.

However, in countries with lower per capita consumption (up to 150 eight-ounce servings per year) volume grew 8%.

Worldwide sparkling beverage volume grew 2% and worldwide still beverage volume grew 9% during the reporting period.

Coca-Cola CEO and chairman Muhtar Kent said the company has been delivering consistent quality performance in line with its 2020 vision growth targets, despite a very challenging and increasingly unpredictable global economy.

"Notably, we continue to gain global volume and value share by giving our consumers what they are looking for – meaningful brand connections, wide-ranging product and package choices, greater information about our brands, and significant investments in programs that support healthy and active lifestyles, all at the heart of our brand values," Kent added.

"As we complete the 10th quarter of our 2020 Vision, we remain passionately focused on offering a portfolio of brands that refresh and hydrate our consumers while bringing them simple moments of happiness."