As their Chairperson and CEO, James Quincey said: “We remain true to our purpose and are staying close to consumers. We are confident in our full-year guidance, and we are well-equipped to win in all types of environments as we fuel strong topline momentum and create value for our stakeholders”.
Net revenues grew 16% to $10.5 billion. Revenue performance included 7% growth in price/mix and 11% growth in concentrate sales. The sparkling soft drinks segment grew 7%, driven by growth across all geographic operating sectors, primarily Europe, Middle East & Africa and Latin America. Even my favorite beverage – referred to as Trademark Coca-Cola – grew 6%!
Still, it needs to be recognized that as with most consumer products, cost poses a challenge. Coke is getting hit across the board on rising costs for everything from aluminium and sugar to transportation.
In England's corner are domestic title rivals Liverpool and Manchester City, who face Spain's Villarreal and Real Madrid respectively.
The Premier League is represented by the top two, a pair who have largely swept aside all they have faced this campaign as they go toe-to-toe for every trophy on the table. And Liverpool and Manchester City are favorites to win their respective semi-finals and continue England's recent dominance of the Champions League.
After being absent from the final for five seasons between 2013 and 2017, the Premier League has provided five of the past eight finalists, with two of the past three showdowns being all-English affairs.
Methinks, this time around, we will see another all-English final!
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