Hotline: 1800 102 2007
X
Search Business Opportunities
Apr, 25 2018

Coca-Cola India posts double digit growth in Q1

The company has been working to counter headwinds through pricing and product innovations.

Beverage maker Coca-Cola has claimed unit case volume growth of 5% for the January-March ’18 quarter for the Asia-Pacific region, which it said was driven by ‘strong performance’ in China and India, partially offset by a low single-digit decline in South East Asia.

“Operating income growth outpaced revenue growth for the quarter, largely driven by favourable product mix as sparkling soft drinks grew volume double digits in China and India,” the Atlanta-based firm said in an earnings statement. It said its price/mix declined 2% for the quarter, largely driven by negative geographic mix as growth in China and India outpaced more developed markets, the maker of Coca-Cola and Thums Up aerated drinks, Minute Maid juice and Kinley water said.

The company has been working to counter headwinds through pricing and product innovations. “We've been learning over the last couple years. We came out with some good marketing, some reinvigorated packaging, shapes, sizes, and looks, and obviously ... innovation on the flavours," chief executive James Quincey said.

Comment
image
Related opportunities
  • Furniture/Home Decor & Furnishing
    About Us: Founded in 2016, Fanusta.com is a curated marketplace of..
    Locations looking for expansion Rajasthan
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets Less than 10
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Solar Energy and Components
    About Us: Go Solar, Go Green. Solar power is the best..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2019
    Investment size Rs. 50 K - 2lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Cosmetics & Beauty Product Stores
    About Us: Established in the year 2000, Renewcell Cosmedica LLP formerly..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Robotics & Technical Training
    IndiaFIRST® ROBOTICS - a name known for India’s First ever Modular robots..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2013
    Investment size Rs. 50 K - 2lac
    Space required 600
    Franchise Outlets 50-100
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities