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Companies / United States

Coke Feeling Positive For 2012 But Share Price Underperforming S&P

February 2012 | Company News Alert

The Coca-Cola Company (Coke) has reported results in line with expectations for 2011 and struck a bullish tone for 2012 on the prospect or rising consumer demand in the US. The firm's overall results were impacted by the acquisition of its Coca-Cola Enterprises' North American bottling operations in the fourth quarter of 2010, with net sales up by 27% and net profits down by 27%. However, the underlying figures were positive with global volumes up by 5%, thanks to strong growth in emerging markets and slight gains in North America and Europe. Operating profits for the year were up by

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