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Coca-Cola posts robust Q1 results driven by biz in China

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Coca-Cola posts robust Q1 results driven by biz in China

The Coca-Cola Company reported first-quarter results that exceeded market expectations, with revenue and profit rising on steady global demand and stronger momentum in emerging markets, including China. Net revenue climbed 12 percent to $12.47 billion, beating analysts' estimates of $12.23 billion. Organic revenue grew 10 percent, while net income increased 19 percent to $3.97 billion. Global unit case volume expanded…

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