Global (calendar Q1)

  • Coca-Cola
    The beverages giant posted net income of $1 billion (€767.22m; £521.78m), an 11% year-on-year decline from $1.13bn, despite robust sales growth in China, Brazil and South Africa that failed to compensate for continued weakness in North America and Europe.
        Nor had aggressive spending on marketing and new-product development helped the situation. Revenue grew 3.7% to $5.27 billion, but would otherwise have been flat without the benefit of currency exchange.
        Admits chairman/ceo Neville Isdell: "We clearly understand that a couple of good ads will not change the game and don't expect them to. But they are one tangible measurement of our belief that emphasizing execution across the whole system and setting objectives and reaching them consistently will be the game changer."

    Global (calendar Q1)
  • General Motors
    The globe's largest automaker reported a deficit of $1.1 billion (€843.95m; £573.96m), the worst quarterly loss in more than a dozen years - exacerbated by sagging sales in North America and a sharp drop in profits from China, where the frenetic pace of sales had cooled.
        The dire performance compares with a profit of $1.21 billion a year earlier, and includes charges totaling $265 million related to costs of a restructuring in Europe and a buyout program offered recently to white-collar employees. Revenue declined 4.3% to $45.77 billion from $47.83bn.

    USA (calendar Q1)
  • Viacom
    Net income dropped 18% as a weak performance at the media conglomerate's CBS television and radio units offset strong advertising demand at its MTV and Nickelodeon cable channels.
        Net income fell to $585 million (€448.83m; £305.24m) from $710.5m in the year-earlier period, which was boosted by a tax benefit of $111 million. Revenue rose 5.3% to $5.58 billion, from $5.30bn.
        Chairman Sumner M Redstone told Wall Street analysts he was "personally committed" to going ahead with the proposed division of the media giant into two companies.

    Global (calendar Q1)
  • Yahoo!
    Net income more than doubled to $205 million (€157.28m; £106.97m) on robust growth in online advertising, international operations and the portal's range of fee-based businesses. Excluding sales of investments and other factors, profit would have been $190m.
        Yahoo had revenue of $821 million, well above its projection of $765 million to $805 million. On that basis it raised its 2005 revenue projection range to $3.57-$3.72 billion, from $3.37-$3.57bn.
        Advertising and listing-related revenue climbed 54%, to $1.02bn, accounting for 87% of Yahoo's revenue. The company reported advertising and listing revenues aggregated for the first time.

    Data sourced from multiple origins; additional content by WARC staff