Coca Cola announced FY 2015 results that came slightly better than consensus estimates.
The Board of Directors proposes a €0.40 dividend per share, a 11.1% uplift on the 2014 dividend
The following table summarise results vs consensus estimates:
| COCA COLA | 2014 | 2015 (Α) | Y-o-Y | 2015 (E) | Y-o-Y |
| EUR thous. | FY | FY | (%) | FY | (%) |
| Volume Units (m) | 2,002,900 | 2,055,000 | 2.6% | 2,048,300 | 0.3% |
| Sales | 6,510,200 | 6,346,100 | -2.5% | 6,327,300 | 0.3% |
| EBIT (adj.) | 424,700 | 473,200 | 11.4% | 464,700 | 1.8% |
| EBIT Mrg | 6.5% | 7.5% | +93 bps | 7.3% | -11 bps |
| Net Income (adj.) | 277,400 | 314,300 | 13.3% | 308,800 | 1.8% |
| Net Mrg | 4.3% | 5.0% | +69 bps | 4.9% | -7 bps |
M.Chatzidakis
