Organic revenue up 6% at Coca-Cola

|About: The Coca-Cola Company (KO)|By:, SA News Editor

Coca-Cola (NYSE:KO) reports unit case volume was flat in Q4.

Organic revenue was up 6% during the quarter.

Organic revenue growth by region: Europe/Middle East/Africa +8%, Latin AMerica +13%, North America +3%, Asia Pacific +1%.

Price/mix added four percentage points of organic growth for Coca-Cola, while concentrate sales added a percentage point.

Comparable operating margin expanded more than 530 basis points as the divestiture of the lower-margin bottling businesses factored in.

Coca-Cola says it added more "value share" in the total nonalcoholic ready-to-drink beverage category.

CEO update: "We achieved or exceeded our full year guidance while driving significant change as we continued to transform into a total beverage company. While there is still much work to do, I am encouraged by our momentum as we head into 2018."

Previously: Coca-Cola EPS in-line, beats on revenue (Feb. 16)

KO +1.36% premarket to $45.39.

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