Coca-Cola Co (CHIX:CCC3d)

€ 60.27 (0%) Market Cap: 258.86 Bil Enterprise Value: 290.60 Bil PE Ratio: 27.94 PB Ratio: 11.47 GF Score: 59/100

Q4 2024 Coca-Cola Co Earnings Call Transcript

Feb 11, 2025 / 01:30PM GMT

Release Date Price: €65.53 (+7.36%)

Transcript 10-K8-K

Key Points

Positve

Coca-Cola Co (KO) achieved a 7% comparable earnings per share growth in 2024 despite currency headwinds and bottler refranchising impacts.
The company reported robust organic revenue growth of 14% in the fourth quarter, with a 2% increase in unit case growth.
Coca-Cola Co (KO) successfully expanded its global beverage categories, with significant share gains in sparkling soft drinks, value-added dairy, and tea.
The company is leveraging digital platforms to enhance customer engagement, adding 440,000 outlets to its digital customer platforms in India.
Coca-Cola Co (KO) is investing in innovation, with successful campaigns like Fanta Halloween and the use of generative AI for marketing, contributing to increased retail sales.

Negative

Coca-Cola Co (KO) faced volume declines in Europe and Africa, with mixed performance across Western and Eastern markets.
The company anticipates a 3 to 4 point currency headwind to comparable net revenues and a 6 to 7 point currency headwind to comparable earnings per share for 2025.
There is pressure from macroeconomic challenges in regions like North Africa and Nigeria, impacting overall volume growth.
The company expects bottler refranchising to be a slight headwind to comparable net revenues and earnings per share in 2025.
Coca-Cola Co (KO) is facing increased expenses due to elevated marketing and SG&A costs, which may impact profitability.

Operator

At this time, I'd like to welcome everyone to the Coca-Cola Company's fourth quarter and full year 2024 earnings results conference call. Today's call is being recorded. If you have any objections, please disconnect at this time. (Operator Instructions) I would like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola's Media Relations department if they have any questions.

I would now like to introduce Mr. Robin Halpern, Vice President and Head of Investor Relations. Ms. Halpern, you may now begin.

Robin Halpern

Coca-Cola Co - Vice President

Good morning, and thank you for joining us. I'm here with James Quincey, our Chairman and Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We've posted schedules under financial information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to results as

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