Coca-Cola Enterprises, the largest bottler for Coca-Cola Co., reported a third quarter profit of $247 million, or 50 cents a share, up from $214 million, or 44 cents, a year earlier. Excluding hedging and restructuring impacts, earnings rose to 51 cents from 46 cents. Revenue decreased 3% to $5.57 billion, but were flat excluding currency impacts. Revenue fell 4% in North America and 1% in Europe.
Company raised its comparable full-year 2009 EPS expectations to a range of $1.54 to $1.57.
Oct 28 · 10:42:00 AM · Source: Company News Release
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by Larry Etter
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