The Coca-Cola Company has recorded an overall two per cent decline in net revenue in the first quarter of 2025, which has aligned with a two per cent unit case volume decline in the company’s overall coffee markets.
The overall small decline in Coca-Cola’s coffee products was largely driven by falling demand in the Asia Pacific and Europe, Middle East, and Africa regions.
Positive growth in the coffee sector was experienced in the Latin America region though, with the company saying coffee’s growth helped offset an overall decline in the region in demand for sparkling flavours.
Chairman and CEO of the Coca-Cola Company James Qunicey says the company’s overall Q1 results show the strength of its global strategy.
“Our performance this quarter once again demonstrates the effectiveness of our all-weather strategy,” Quincey says.
“Despite some pressure in key developed markets, the power of our global footprint allowed us to successfully navigate a complex external environment. By remaining true to our purpose and staying close to the consumer, we are confident in our ability to create enduring long-term value.”
Costa Coffee’s non-ready-to-drink beverage products are primarily measured in number of transactions as opposed to unit cases, while its concentrate sales represents the number of beverages sold by the company to the customer.
Overall concentrate sales rose one per cent over the quarter across the Coca-Cola Company’s suite of brands.
The company’s overall operating income grew 71 per cent while its operating margin was 32.9 per cent compared to 18.9 per cent in the prior year.
