Stock Spotlight: Coca-Cola's shares fall flat despite overcoming bubbling inflation

Annual results above expectations

Elliot Gulliver-Needham
clock • 4 min read

Coca-Cola, the world’s largest manufacturer of fizzy drinks, has spent the last year battling inflation and the cost-of-living, but continues to take a “glass half full” outlook on the year ahead.

Coca-Cola reported its annual results last week, reporting an organic revenue growth of about 7%, with comparable earnings per share growth of 4% to 5%, beating expectations of growth below 3%. The company's share price has held steady in recent months despite market turmoil, having dropped just 3.5% in the last year, according to data from Morningstar. Garry White, chief investment commentator for Charles Stanley, noted that despite inflation and the cost-of-living crisis, sales of fizzy drinks have proved resilient. Stock Spotlight: Boeing flies steady after overcoming turbulen...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Ashmore Group profits take a 33% dip amid increased market volatility

Ashmore Group profits take a 33% dip amid increased market volatility

AUM mostly unchanged

Sorin Dojan
clock 07 February 2025 • 2 min read
FCA rejects all Blackmore Bond complaints

FCA rejects all Blackmore Bond complaints

Writing to those criticising its handling of the case

Isabel Baxter
clock 06 February 2025 • 2 min read
The Beauty Tech Group plans London listing later this year

The Beauty Tech Group plans London listing later this year

Based in Manchester

Sorin Dojan
clock 06 February 2025 • 1 min read
Trustpilot