The Coca-Cola Co has reported a 20% increase in first-quarter net profits, and has flagged up growth opportunities ahead.

Net profits for the three months to ended 2 April reached US$1.16bn compared to $1.35bn in the prior year, the soft drinks giant said today (20 April).

Sales in the period rose by 5% in value terms to $7.53bn, with unit case volumes up by 3%.

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