The Coca-Cola Company Global Public Affairs & Communications Department P.O. Box 1734 Atlanta, GA 30301
THE COCA-COLA COMPANY REPORTS THIRD QUARTER AND YEAR-TO-DATE 2012 RESULTS
Strong 4% global volume growth in the third quarter with growth across every geographic operating group Worldwide brand Coca-Cola growth of 3% year-to-date Volume and value share gains continued in total nonalcoholic ready-to-drink beverages Strong cash from operations, up 15% year-to-date
Third Quarter and Year-to-Date 2012 Highlights
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Strong global volume growth of 4% in the quarter and 5% year-to-date, with volume growth across every geographic operating group in the quarter. North America volume grew 2% in the quarter and year-to-date, and international volume grew 5% in the quarter and year-to-date. Third quarter reported net revenues grew 1% and comparable currency neutral net revenues grew 6%. Year-to-date reported net revenues grew 3% and comparable currency neutral net revenues grew 6%. Third quarter reported operating income and comparable currency neutral operating income both grew 1%, in line with our expectations. Year-to-date reported operating income grew 5% and comparable currency neutral operating income grew 4%. Currency represented a 5% headwind on comparable net revenues and a 7% headwind on comparable operating income in the quarter. Third quarter reported EPS was $0.50, up 4%, and comparable EPS was $0.51, down 2%. Year-to-date reported and comparable EPS were both $1.56, up 5% and 2%, respectively. Year-to-date cash from operations was up a strong 15%.
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ATLANTA, Oct. 16, 2012 – The Coca-Cola Company today reported strong third quarter and year-to-date 2012 results, with solid volume and revenue growth, and continued volume and value share gains in total nonalcoholic ready-to-drink (NARTD) beverages, as well as across