The company said North American volume was up 1% with reported revenue up 5% during the quarter.
“We are pleased with our second-quarter and year-to-date results,” said Muhtar Kent, chairman and chief executive officer. “We are delivering consistent quality performance in line with our 2020 Vision growth targets despite a very challenging and increasingly unpredictable global economy. Notably, we continue to gain global volume and value share by giving our consumers what they are looking for — meaningful brand connections, wide-ranging product and package choices, greater information about our brands and significant investments in programs that support healthy and active lifestyles, all at the heart of our brand values.”
For the six months ended June 29, income was $4,842 million, or $2.14 per share, up 3% from $4,703 million, or $2.05 per share, during the same period of the previous year. Net operating revenue for the period was $24,222 million, up 4% from $23,254 million during the same period of the previous year.
“As we complete the tenth quarter of our 2020 Vision, we remain passionately focused on offering a portfolio of brands that refresh and hydrate our consumers while bringing them simple moments of happiness,” Mr. Kent said. “Together with our system bottling partners, our long-term growth plans remain on track and our commitment to enhance the well-being of the consumers, customers and communities we serve around the world is as strong as ever.”
