Coca-Cola grows 4% in Q2

Mumbai, July 17 (IBNS) Beverage major The Coca-Cola Company announced its Q2 earnings on Tuesday where it registered a volume growth of 4%.

Highlights:

. The Coca-Cola Company reported worldwide volume growth of 4% in the second quarter and 5% year-to-date.

Volume growth in the quarter was well-balanced around the world, with solid growth in key developed markets, including Japan (+4%), North America (+1%) and Germany (+1%), as well as strong growth in key emerging markets such as India (+20%), Russia (+9%), China (+7%) and Brazil (+6%).

. Worldwide sparkling beverage volume grew 2% in the quarter and 3% year-to-date. Worldwide brand Coca-Cola volume grew 2% in the quarter and 3% year-to-date, with growth in the quarter across diverse markets, including India (+35%), Russia (+23%), the Philippines (+7%), Brazil (+4%), Germany (+3%) and Mexico (+1%).

. India sparkling beverage volume grew 20% in the quarter, driven by strong integrated marketing campaigns centered on music and sports.

During the quarter, brand Coca-Cola volume in India grew 35% and Sprite grew 29%.