2/13/2008

Turkey contributes to Coca-Cola's 4th-qtr sales climb

Bloomberg - Coca-Cola Co., the world's largest soft-drink maker, said fourth-quarter profit increased on higher sales of soda in Asia and Latin America and Vitaminwater in the U.S. Net income rose 79 percent to $1.21 billion, or 52 cents a share, from $678 million, or 29 cents, a year earlier when its largest bottler wrote down the value of North American operations, Coca-Cola said today in a statement. Coca-Cola said global sales on a volume basis climbed 5 percent, driven by gains in China, India, Turkey, and in established markets including Latin America and Africa.

ENGLISH