Coca-Cola Co. saw an 18 percent rise in profit for 2009 and posted a net income of $6.82 billion. That translates to $2.93 a share, compared with last year’s net income of $5.81 billion and $2.49 earnings per share.
The company is benefiting from growth in markets outside of North America and Europe.
“We ended this year on a high note, delivering global volume and value share gains, comparable currency neutral revenue growth, improved productivity and increased cash flows,” said Muhtar Kent, Coca-Cola chairman and CEO. “In a year marked by unprecedented economic uncertainty, our foundation- -leading brands, unmatched global footprint, great bottling partners and a solid financial position -- proved that we have the right ingredients for growth even under challenging economic conditions.”
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