Coca-Cola Co has seen declines for trademark Coca-Cola

Coca-Cola Co has seen declines for trademark Coca-Cola

Earlier today, The Coca-Cola Co reported its first-quarter results, with sales and profits both down in the period. Here, just-drinks takes a closer look at the company's performance by region, for the first three months of 2016: 

Eurasia & Africa

  • Volumes flat, reported net sales down 14%, organic sales up 2%

A slide in volumes for the company's CSD portfolio in the quarter was driven by Trademark Coca-Cola. Still beverage growth was driven by double-digit growth in packaged water, 7% growth in sports drinks and 2% growth in ready-to-drink tea. This was partially offset by a 1% decline in juice and juice drinks, the company said. 

Central, East & West Africa saw mid single-digit unit case volumes growth, while the company's Southern Africa business posted 2% growth. This was partially offset by high single-digit declines in the Russia, Ukraine & Belarus business. Both the Middle East, North Africa & Turkey and Caucasus & Central Asia regions reported low single-digit decreases in volumes.

Europe

  • Volumes slip 1%, reported net sales down 1%, organic sales flat

CSD volumes in the region fell, again with the Coke trademark being blamed. The brand's 3% volume dip was partially offset by 3% growth in Fanta and double-digit growth in energy drinks. Still beverage volumes growth was driven by a 7% gain for packaged water and 5% growth for both sports drinks and ready-to-drink tea. Juice and juice drinks combined were down by mid single digits.

Latin America

  • Volumes up 1%, reported net sales down 12%, organic sales up 12%

CSD volumes in the region were up in the quarter, driven by 5% growth for Coca-Cola Zero and a 2% lift for Sprite. This was offset by a 1% decline in brand Coca-Cola. Still beverage growth was driven by double-digit growth in both sports drinks and juice and juice drinks, while RTD tea was up by single digits and packaged water rose by 3%. The region's overall volume lift was driven by 5% growth in Mexico and a 3% increase in the group's Latin Center business unit. However, group volumes in Brazil slid in the period by 6%.

North America

  • Volumes up 2%, reported net sales up 2%, organic sales up 2%

CSD volumes in the quarter were flat, with increases for Sprite, Fanta and energy drinks offsetting negative figures for brand Coke. Still beverage volume growth in the quarter was driven by juice and juice drinks, sports drinks, ready-to-drink tea and packaged water. 

Asia Pacific

  • Volumes up 5%, reported net sales down 4%, organic sales up 2%

A rise in CSD volumes in Asia Pacific was driven by 3% growth for brand Coke and a 2% lift in Fanta. These performances werebalanced out by a mid single-digit decrease for Sprite. Still beverage volumes growth was driven by double-digit growth in both packaged water and ready-to-drink tea and 8% growth in ready-to-drink coffee, although juice and juice drinks volumes fell by double digits.. 

The overall increase in volumes in the region reflected double-digit growth in both Coca-Cola's India & South West Asia and ASEAN business units and 4% growth in Japan. China, however, reported a 2% decrease in total volumes in the quarter.