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Coca-Cola Pakistan sale increases by 18% in second quarter of 2022

by Web Desk
August 11, 2022
in Business, Finance
0
Coca-Cola Pakistan sale increases by 18% in second quarter of 2022
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Coca-Cola Pakistan sale increased by 18% in the second quarter of 2022, according to reports.

Data provided by Bloomberg journalist Faseeh Mangi shows that Coca-Cola sales increased by 18%, Fanta sales increased by 22%, while Coca-Cola Zero Sugar almost tripled its sales. Due to decreasing sales of juices, the stills category also saw a decrease of 17%.

Coca Cola in Pakistan 🇵🇰

💭Pakistan sales grew 18% in 2Q, that’s after 20% jump a year ago
💭Coca-Cola 18% and Fanta 22%
💭Coming from a low base, Coca-Cola Zero Sugar almost tripled its sales
💭Stills category down 17% due to lower juice sales pic.twitter.com/XElNhck4u7

— Faseeh Mangi (@FaseehMangi) August 10, 2022

The Coca-Cola Company just released its 2022 second quarter results. Organic (non-GAAP) revenues increased by 16 percent while net revenues increased by 12 percent to $11.3 billion.

Strong organic revenue (non-GAAP) success was seen across all segments, with price/mix increasing by 12% and concentrate sales increasing by 4%.

Unit case volume increased by 6% as a result of widespread growth in all operating units. Strong growth in Pakistan, Turkey, and Western Europe provided the bulk of the volume performance.

Tags: Bloomberg journalistCoca-Cola PakistanFantaJuicelatest
Web Desk

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