The Coca-Cola Company Q4 and Full Year Report 2013

Full-Year and Fourth Quarter 2013 Highlights

• Global volume grew 2% for the full year and 1% for the fourth quarter.
• Reported net revenues declined 2% for the full year and 4% for the fourth quarter. Excluding the impact of structural changes, comparable currency neutral net revenues grew 3% for the full year and 4% for the fourth quarter.
• Reported operating income declined 5% for the full year and 4% for the fourth quarter.  Excluding the impact of structural changes, comparable currency neutral operating income grew 6% for the full year, in line with our long-term growth target, and 6% for the fourth quarter.
• Currency was a 2% headwind on comparable net revenues and a 4% headwind on comparable operating income for the full year.
• Full-year reported EPS was $1.90, down 3%, and comparable EPS was $2.08, up 3%. Comparable currency neutral EPS was up 8% for the full year.  Fourth quarter reported EPS was $0.38, down 7%, and comparable EPS was $0.46, up 2%. Comparable currency neutral EPS was up 7% for the fourth quarter.
• We are expanding our previously announced productivity and reinvestment program to generate an incremental $1 billion in productivity by 2016 to drive increased media investments in our brands.
• As announced on Feb. 5, 2014, we signed an agreement together with Green Mountain Coffee Roasters to collaborate on the development and introduction of our global brand portfolio for use in the forthcoming Keurig Cold™ at-home beverage system.  

For more information, click the link below
KO Q4-2013
    

Tweet