Coca-Cola achieved a net profit of 3,690 million dollars (3,180 million euros) in the third quarter, 30% more than in the same period in 2024, it was announced today.
In a statement released today, the company also announced that revenue rose to $12.41 billion in the third quarter, 6% more than in the same period in 2014.
Coca-Cola said third-quarter revenue increased primarily due to higher prices.
Globally, Coca-Cola recorded the highest volume growth in the water, sports drinks, coffee and tea segments.
Looking ahead to 2026, Coca-Cola expects a slight boost in both revenue and profits due to currency fluctuations.
In general, Coca-Cola’s results today exceeded expectations and the multinational’s shares rose almost 2.5% in operations before the market opened.
Meanwhile, the company Coca Cola HBC, bottler and partner of Coca Cola Co, announced today that it will acquire 75% of the Coca Cola Beverages business in Africa (CCBA), from the North American multinational Coca Cola Co.
CCBA distributes the North American multinational’s main soft drink brands in 14 countries on the continent and holds an important part of this market in Africa.
The operation will consist of the purchase of 42% of Coca-Cola Co’s stake in the bottler and another 33% in the hands of Gutsche Family Investments, to which it will pay a total of 2.6 billion dollars.
Coca Cola Co. has committed to considering the sale of the remaining 25% it owns in CCBA in the years following the closure of the operation, scheduled for the end of next year.
The transaction values the latter company at around 3,400 million dollars.
Likewise, Coca-Cola HBC indicated that it will cancel the share buyback program it had launched.