Coca-Cola Enterprises (CCE)  has booked an increase in profits for the third-quarter

Coca-Cola Enterprises (CCE) has booked an increase in profits for the third-quarter

Coca-Cola Enterprises (CCE) has posted an increase in profits for the third-quarter.

For the three months to 1 October, the soft drinks bottler earned US$208m compared to $200m in the prior-year period. Operating profits however, slid to $244m from $273.

Net sales also dropped, by 3.5% to $1.68bn last year.

Despite this, John Brock, chairman and CEO, said: "These positive results represent an outstanding first step for our company as we work to capitalise on the excellent growth opportunities that lie ahead in Europe.

"To achieve continued success, especially in a time of soft macroeconomic conditions, we must reach even higher levels of service and marketplace execution for our customers."

In the first nine months of the year, profits climbed to $527m from $485m in the prior-year period, while operating profit reached $676m from $667m. Sales remained relatively flat at $4.92bn compared to $4.91bn.

Click here to view the full earnings release and check back later for further insight into CCE's results.