Although volume barely grew, Coca-Cola‘s revenue rose by 6% in the third quarter. This was mainly thanks to price increases. However, competition in Asia is increasing.
Price hikes
Coca-Cola posted significantly higher profits last quarter: net profit rose by 30% to 3.69 billion dollars (3.2 billion euros), while revenue increased by 6% to 12.46 billion dollars (10.8 billion euros). The operating margin improved from 21.1% to 32%.
