The Atlanta Journal-Constitution

Bottler’s earnings higher than expected

- ASSOCIATED PRESS

Coca-Cola Enterprise­s Inc. on Thursday reported fourth-quarter earnings of $112 million.

The Atlanta-based company said it had profit of 46 cents per share. Earnings, adjusted for pretax expenses and restructur­ing costs, came to 58 cents per share.

The results topped Wall Street expectatio­ns of 56 cents per share.

The seller of Coca-Cola drinks in Europe posted revenue of $1.93 billion in the period, also surpassing Street forecasts. Analysts expected $1.92 billion, according to Zacks Investment Research.

For the year, the company reported profit of $663 million, or $2.63 per share. Revenue was reported as $8.26 billion.

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