The Coca-Cola Co today reported a 4% drop in profits in the first three months of 201. Here, just-drinks takes a look at how each region performed for the soft drinks group:

  • Eurasia & Africa

The company saw the region's volumes rise by 4%, as both sparkling and still volumes increased by 4%. Reported net sales were down by 3% but organically sales increased by 7%. Sales were driven by concentrate sales growth and three points of positive price/mix, Coca-Cola said.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Volumes growth was "relatively balanced" across the group with 9% growth in Southern Africa and Central, East & West Africa business units, and a 4% rise in Middle East & North Africa. Volumes growth in these markets was partially offset by a high single-digit decline in Russia.

  • Europe

Volumes edged up by 1% as sparkling volumes remained flat and still grew by 4%. Reported sales were down 6% but organically they grew by 5%. Brand Coca-Cola grew 1% as Coca-Cola Life was rolled out in some markets. Still beverage volumes growth was driven by juice, including double-digit growth for the Innocent brand.

  • Latin America

The region's volumes were flat, with sparkling beverages generating no growth and still volumes increasing by 2%. Reported net sales fell by 4% but increased organically by 11%. Volumes growth reflected low single-digit growth in both Mexico and the South Latin business unit, Coca-Cola said. There was mid single-digit volumes growth in Latin Centre, partially offset by a mid single-digit volumes decrease in Brazil, the company added. Volumes growth in still beverages was driven by value-added dairy and packaged water.

See Also:

  • North America

Volumes were flat in the region as sparkling beverages dropped by 1% and still increased by 2%. Reported sales increased by 6% and were up 10% organically. The company gained value share in sparkling and still beverages, juice and juice drinks, ready-to-drink tea and packaged water. Still beverage volumes growth was driven by strong double-digit growth in Gold Peak tea and Smartwater.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • Asia Pacific

Regional volumes were up 3% as sparkling jumped by 6% and still volumes slipped by 1%. Reported net sales dropped by 2% but were up 6% on an organic basis. Volumes growth reflected double-digit growth in India and low single-digit growth in China, partially offset by a low single-digit decline in Japan, Coca-Cola said. In China, sparkling beverage volumes grew 5% with "balanced" growth across the sparkling brand portfolio, partially offset by a mid single-digit decline in still beverages, the company added.