Coca-Cola reports Q2, YTD 2013 results
The Coca-Cola Co., Atlanta, reported its second-quarter and year-to-date 2013 results. Globally, the company reported volume growth of 1 percent in the second quarter and 3 percent year-to-date as well as global volume and value share growth in total non-alcohol ready-to drink (NARTD) beverages and in both sparkling and still beverages. 

The Coca-Cola Co., Atlanta, reported its second-quarter and year-to-date 2013 results. Globally, the company reported volume growth of 1 percent in the second quarter and 3 percent year-to-date as well as global volume and value share growth in total non-alcohol ready-to drink (NARTD) beverages and in both sparkling and still beverages. Volume growth in the quarter was below the company’s expectations due to a confluence of factors that collectively made for a challenging second quarter, it says.

Coca-Cola Americas grew volume by 1 percent in the quarter and 2 percent year-to-date, with North America volume down 1 percent b`ecause of unseasonably cold and wet weather, the timing of the Easter and July 4th holiday periods, and weakened consumer spending that affected the overall NARTD beverage industry in the region, it says.

Worldwide sparkling beverage volume was even in the quarter and up 2 percent year-to-date, while still beverage volume grew 6 percent in both the quarter and year-to-date, it reports. Brand Coca-Cola volume grew 1 percent in the quarter and 2 percent year-to-date, with growth in the quarter across diverse markets, including Thailand, India, Nigeria, Russia, Argentina and the Philippines. Still beverage growth was fueled by value share growth in packaged water, energy drinks, juices and juice drinks, and ready-to-drink tea.

In other news, The Coca-Cola Co. and World Wildlife Fund, Washington, D.C., announced new global environmental goals and an expanded global partnership to advance The Coca-Cola Co.’s sustainability stewardship. The new 2020 environmental sustainability goals for the Coca- Cola system, which includes the company and its nearly 300 bottling partners in more than 200 countries, include improving water efficiency by 25 percent; helping to ensure healthy, resilient freshwater systems; reducing carbon dioxide emissions embedded in “the drink in your hand” by 25 percent; and responsibly sourcing material for Plant Bottle packaging and key agricultural ingredients.

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