Coca-Cola's profits rose 13 per cent in the fourth quarter to 1.87 billion dollars, the world's biggest soft drink maker said Tuesday, propelled by growth in emerging markets and North America.
There was strong worldwide demand for the company's juices, waters and sodas - except in Europe, where Coca-Cola saw declining revenue and lower sales volume.
Revenue grew 3.8 per cent in the fourth-quarter to 11.46 billion dollars.
Coca-Cola made 9 billion dollars in profits in 2012, up 5 per cent over 2011.
Most Popular Stories
- Obama Administration Releases Proposal to Regulate For-Profit Colleges
- Koch Brothers Step up Anti-Obamacare Campaign
- Elizabeth Vargas' Husband Marc Cohn Addresses Rumors
- Keurig Adds Peet's coffee, Alters Starbucks deal
- Quiznos Files for Chapter 11
- U.S. to Relinquish Gov't Control Over Internet
- SoCalGas Reaches Record Spend on Diversity Suppliers
- Vybz Kartel Convicted of Murder
- FDIC Sues Big Banks Over Rate Manipulation
- U.S. Consumer Sentiment Falls in Early March