Coca-Cola’s Q1 financial results are out, and overall the numbers were better than expected.
The company reported Q1 revenue of $US10.7 billion, which was stronger than the $US10.6 billion expected by analysts.
This was on top of earnings of $US0.48 per share, which was higher than the $US0.42 expected.
The stock is up by around 1% in pre-market trading.
“We continue to view 2015 as a transition year as the benefits from the announced initiatives will take time to fully materialise amidst an uncertain and volatile macroeconomic environment,” CEO Muhtar Kent said.
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