Coca-Cola reports higher sales volume
The Coca-Cola Co. is selling more of its sodas, sports drinks and bottled waters in most parts of the world, with growth particularly strong in emerging markets.
The world’s biggest beverage maker – which makes Minute Maid, Powerade and Dasani – said Tuesday that its sales volume rose 4 percent globally in the second quarter. Revenue growth was powered by higher prices and expansion in countries such as India, where volume increased 20 percent. Still, the company’s quarterly profit slipped as costs for ingredients climbed as well.
