23 November 2024
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Global Industry

Coca-Cola: Reports Second Quarter 2024 Financial Results

Atlanta / GA. (ccc) The Coca-Cola Company, since January 2019 parent company of British Costa Limited, reported second quarter 2024 results. They demonstrate continued momentum in an industry with many growth opportunities, said Chairman and CEO James Quincey: «We are encouraged with our Q2-2024 results, which delivered solid topline and operating income growth in an ever-changing landscape. Together with our bottling partners, we continue to execute our highly effective all-weather strategy, and we are confident in our ability to deliver on our raised 2024 guidance and long-term objectives.» Overview:

  • Global Unit Case Volume Grew 2 percent
  • Net Revenues Grew 3 percent; Organic Revenues (Non-GAAP) Grew 15 percent
  • Operating Income Grew 10 percent; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 18 percent
  • Operating Margin Was 21.3 percent Versus 20.1 percent in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 32.8 percent Versus 31.6 percent in the Prior Year
  • EPS Declined 5 percent to USD 0.56; Comparable EPS (Non-GAAP) Grew 7 percent to USD 0.84

For additional information please read the Company’s PDF file below (107 KB):

20240723-CCC-Q22024.


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