Forbes -
23 Apr 2015 19:38
. For the first time in nine quarters, net revenues grew for Coca-Cola, rising by 1% on a 1% rise in global unit case volumes. As expected, as Coca-Cola is highly exposed to the risk of depreciation of foreign currencies against the U.S. dollar (~57% of net revenues came from outside the U.S. in 2014), negative currency translations were a 6 percentage point headwind on the top line this quarter. Volatility in some of the key emerging markets took a toll on both the volume sales and net revenues...
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