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Coca-Cola India sees 18% growth in unit case volume

Our Bureau

New Delhi, Feb. 15 Coca-Cola India has become a key growth driver for the beverage company with an 18 per cent growth in unit case volumes for the fourth quarter ended December 31, 2007.

Compared to a 7 per cent unit case volume of international operations, emerging markets, including China, India, Brazil, Turkey, Southern Eurasia, and West Asia recorded double-digit unit case volume growth during the quarter.

With a 14 per cent growth in volume, India along with other markets such as Russia, Turkey, West Asia, Eastern Europe and southern Eurasia recorded a 16 per cent growth in volume.

Net revenues for Eurasia grew 34 per cent during the quarter, and 24 per cent for the whole year.

Net operating revenues for the year stood at $1084 million.

Operating income for the region was up 39 per cent for the fourth quarter and up 38 per cent for the whole year to $380 million.

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