Coke Profits Find Fizz in Innovation

21 April 2006

   ATLANTA - The world's biggest soft drinks maker reported a 10% increase in first-quarter profit, narrowly beating Wall Street expectations.
   Coca-Cola Company ceo Neville Isdell says the business has transformed itself into a more innovative, risk-taking operator.    Net earnings were $1.11 billion (€898.9m; £622.3m), compared to $1bn in the same period last year. Profits were $1.16bn on flat revenues of $5.23bn.