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The Coca-Cola Company
Global Public Affairs & Communications Department
P.O. Box 1734
Atlanta, GA 30301
Full-year reported net revenue declined 4% while organic revenue grew 4%. Reported net revenue and organic revenue declined 8% and 1%, respectively, in the quarter, primarily due to the impact of six fewer days in our reporting calendar.
Global volume grew 3% in the quarter and 2% for the full year.
Global price/mix grew 2% in the quarter and the full year, reflecting strong execution against our strategic initiatives.
Gained global value share in nonalcoholic ready-to-drink beverages in both the quarter and full year.
Remain committed to the previously announced $3 billion productivity initiative, even with the impact of accelerated refranchising plans.
Expect full-year 2016 comparable currency neutral EPS growth of 4% to 6% including the impact of 3 to 4 points of structural headwind, primarily due to refranchising, on comparable currency neutral income before taxes.
The following information was filed by Coca Cola Co (KO) on Tuesday, February 9, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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