Coca-Cola reports higher profit, lower revenue for third quarter

Reuters

October 15 (Reuters) - Coca-Cola Co reported higherquarterly earnings and lower revenue on Tuesday, helped bystrong global sales of its Coca-Cola brand products butchallenged by volatility in some parts of Europe.

Net income rose 6 percent to $2.45 billion, or 54 cents pershare, in the third quarter from $2.31 billion, or 50 cents pershare, a year earlier.

Revenue fell 3 percent to $12.03 billion from $12.34billion.

View Comments (1)