Coke Enterprises profit rises; backs outlook
The bottler of Coca-Cola drinks, which operates solely in Europe, said net income was $97 million in the fourth quarter, compared with $91 million, a year earlier.
Sales rose 12 percent to $1.79 billion, beating analysts' average estimate of $1.77 billion, according to Thomson Reuters I/B/E/S.
The company stood by its 2011 outlook calling for earnings of $1.95 to $2.00 a share.
(Reporting by Dhanya Skariachan and Martinne Geller; editing by John Wallace)