ATLANTA, Feb. 10, 2015 – The Coca-Cola Company today reported fourth quarter and full-year 2014 operating results.
- Global volume growth of 2% for the full year and 1% in the quarter
- Reported net revenues declined 2% in the quarter; excluding the impact of structural items, comparable currency neutral net revenues grew 4%
- Fourth quarter reported EPS was $0.17; comparable EPS was $0.44
- Gained global value share in nonalcoholic ready-to-drink beverages in both the quarter and full year
- Full-year cash from operations increased to $10.6 billion
Performance Highlights
- The company gained global value share and held volume share in nonalcoholic ready-to-drink (NARTD) beverages in the quarter. Additionally, it gained global volume and value share in sparkling and still beverages as well as in the juice and juice drinks, ready-to-drink tea and packaged water categories as it continues to strengthen its brands and its product portfolio across key markets and categories.
- Global sparkling beverage volume grew 1% in both the quarter and full year driven by growth in brand Coca-Cola, Sprite and Fanta. Brand Coca-Cola was up 1% in the quarter and grew slightly for the full year, rounding to even.
- Global still beverage volume grew 2% in the quarter and 4% for the full year driven by growth in ready-to-drink tea, sports drinks and packaged water. Volume growth in these beverage categories was partially offset by a decline in juice and juice drinks, due in part to price increases to cover higher input costs.
- It continues to take steps to strengthen its brand portfolio in fast-growing categories and key markets as evidenced by the addition of Gold Peak tea, FUZE TEA and I LOHAS mineral water to its portfolio of billion-dollar brands, bringing the total number of billion-dollar brands to 20. Full report.
