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Current Position:Home » News » Food Technology » Packaging » Topic

Coca-Cola Bottling net sales up in first half

Zoom in font  Zoom out font Published: 2013-08-07  Views: 18
Core Tip: Coca-Cola Bottling Company Consolidated has reported net sales of $812.5m in the first half (H1) of 2013 compared to net sales of $807.9m during the same period in 2012.
Coca-Cola Bottling Company Consolidated has reported net sales of $812.5m in the first half (H1) of 2013 compared to net sales of $807.9m during the same period in 2012.

The US-based Coke bottler has posted net sales of $429m in the second quarter (Q2) of 2013 compared to net sales of $430.7m in the same period in 2012.

Net income in the first half was $17.8m compared to net income of $16.9m in the comparable period last year.

For Q2, the net income was $12.1m as against the net income of $11.9m in the prior year period.

Coca-Cola Bottling chairman and CEO Frank Harrison said that the company will work collaboratively on the potential acquisition of new territories in Eastern Tennessee and Kentucky from The Coca-Cola.

"Our team is making good progress and we continue to be excited about the possibility of bringing these employees and new markets into the Company in late 2014," Harrison added.

Coca-Cola Bottling president and COO Hank Flint said: "We continued to experience much cooler and wetter weather compared to recent historical patterns, which adversely impacted some of our most important selling periods including the Memorial Day holiday and early summer."

 
 
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