Coca-Cola: EPS up 12% in Q4
(CercleFinance.com) - Coca-Cola reports comparable EPS (non-GAAP) that is up 12% at $0.
55 for Q4 2024, with a non-GAAP operating margin improving to 24%, from 23.1% in the same period last year.
At $11.5bn, the revenues of the drinks giant (which also operates brands such as Fanta, Schweppes and Tropico) rose by 6% on a reported basis and by 14% on an organic basis, with growth driven mainly by mix and price effects, which accounted for 9%.
For the year ahead, Coca-Cola expects between 2% and 3% comparable EPS growth, with organic sales growth of 5% to 6%, compared with growth of 7% and 12% respectively for FY 2024.
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