Financial Report Financial reports from the largest companies of the world

Coca-Cola’s profit increased with 275% in the 4th quarter of 2010

The American company Coca-Cola reported impressive growth in profits of 275% yoy in the fourth quarter of 2010. That have contributed to lower costs of the company and sales growth globally. The earnings giants amounts to 5.77 billion dollars or 2.46 dollars per share. For the last quarter of 2009, far lower - 1.54 billion dollars, or 66 cents a share. If you eliminate one-off effects, earnings per share capital of Coca-Cola rose by 9 per cent to 72 cents. In the fourth quarter the company's revenue jumped 40 percent to 10.49 billion dollars. The expectations of analysts was for earnings excluding one-off effects of 72 cents per share and revenue of 10.16 billion dollars. The sales increased by 6 per cent as implemented in the global volume. Market in North America has been a growth of 8 per cent in Eurasia and Africa the increase was 14 per cent. In Europe alone, growth was 2 percent, respectively, 5 and 1 percent increases the volume in Latin America and the Pacific. Among the strongest markets for the company are Russia, Turkey, India, Brazil and South Africa. The report on fourth quarter delighted investors and today the company's shares, which is part of the index of blue chips in the U.S. - Dow Jones Industrial Average, expensive by nearly 2 per cent.