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Coca Cola Company reports continued momentum in first quarter 2025 results
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Saturday, 03 May, 2025, 15 : 00 PM [IST]
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Our Bureau, New Delhi
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The Coca Cola Company in its first quarter 2025 results, reported continued momentum in an industry brimming with growth opportunities. James Quincey, chairman and CEO of The Coca Cola Company, said, “Our performance this quarter once again demonstrates the effectiveness of our all-weather strategy. Despite some pressure in key developed markets, the power of our global footprint allowed us to successfully navigate a complex external environment. By remaining true to our purpose and staying close to the consumer, we are confident in our ability to create enduring long-term value.”
India highlights: Trademark Coca Cola and Thums Up, a cherished regional brand, are fuelling consumers and contributed to double-digit volume growth for the market in the first quarter. Maha Kumbh Mela Festival: For the first time in the company’s history, the system intensified an integrated activation consisting of hundreds of refreshment zones, approximately 1,400 mobile stations and a world-record-long 100 cooler door walls, leading to over 180 million servings consumed during the gathering. For this Quarter, Unit case volume grew 2%, led by India, China, and Brazil. In January, February and December 2024, the company refranchised our bottling operations in certain territories in India. During the three months ended March 29, 2024, the company recorded net gains of $599 million and $293 million related to the refranchising of our bottling operations in the Philippines and in certain territories in India, respectively. The company also incurred $7 million of transaction costs related to the refranchising of our bottling operations in certain territories in India.
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