Coca-Cola grows in all marketsStaff writer ▼ |
The Company reported solid growth for the full year in key developed markets, including North America (+2%) and Japan (+2%). Europe volume declined 1% for the full year, reflecting ongoing uncertain macroeconomic conditions. In addition, the Company delivered volume growth in key emerging markets such as Thailand (+22%), India (+16%) and Russia (+8%) for the full year.
China business delivered 4% volume growth for the full year, and in countries with per capita consumption of company brands less than 150 eight-ounce servings per year, volume went up 7% for the full year.
For both the full year and the quarter, the company grew global volume and value share in nonalcoholic ready-to-drink (NARTD) beverages, with volume and value share gains across nearly every beverage category. The company has achieved a 40% to 50% improvement in energy efficiency in new equipment, compared to equipment from 2000.
Worldwide sparkling beverage volume grew 3% for the full year and 1% in the quarter. This represents approximately 550 million incremental unit cases in 2012. Worldwide brand Coca-Cola volume grew 3% for the full year, with growth across diverse markets, including India (+33%), Thailand (+31%), Russia (+20%), the Philippines (+8%), Brazil (+3%) and Mexico (+3%).Fanta volume grew 5% and Sprite volume grew 4% for the full year.
Worldwide still beverage volume grew 10% for the full year and 9% in the quarter, with growth across beverage categories, including packaged water, ready-to-drink tea and coffee, juices and juice drinks, sports drinks and energy drinks.
Ready-to-drink tea volume grew 14% for the full year and 16% in the quarter, with continued strong performance of key brands such as Gold Peak and Honest Tea in North America, Ayataka green tea in Japan and Fuze Tea. Energy drink volume grew 20% for the full year and 12% in the quarter. ■