☰

Empresas y finanzas

Coca-Cola profit falls 8 percent


    (Reuters) - Coca-Cola Co reported an 8 percent fall in quarterly net earnings after a decline in volumes in Europe and the sale of its bottling operations in Brazil.

    The company's net income attributable to shareholders fell to $1.62 billion, or 36 cents per share, in the first quarter ended March 28 from $1.75 billion, or 39 cents per share, a year earlier.

    Excluding items, earnings were 44 cents per share.

    Revenue fell 4 percent to $10.58 billion.

    The company said that while global sales volumes rose 2 percent in the quarter, volumes fell 4 percent in Europe.

    (Reporting by Siddharth Cavale in Bangalore)