CLAIM #35637 · The Coca-Cola Company (KO) · 2024Q4 earnings call · Feb 11, 2025 · due Dec 31, 2025
“from a volume perspective, I think I like to think it's going to be a little better than '24 overall, but it's in that sort of ballpark.”
James Quincey · CEO
In context
“of concern that we might not be thinking about. James Quincey: Yes. Peter, yes, I think you've got what I said to Dara correctly. Yes, I mean, if you just take 2024, we did 2% in the fourth quarter. We did 1% overall for the year. So yes, I mean, what I was saying is implying we're at [ 2, 1 2 ] kind of floating around that sort of range with a compensating factor on the pricing side. So we still get we still get up into the 5% to 6% range. So I think you've got it clearly. And I think -- also, I think John made a comment earlier in terms of the time during the year that is clearly going to be a tougher cycling quarter. But overall for the year, we feel we're coming in with momentum. There are a decent number of unknowns and a dynamic environment '25. We believe we can manage through. And from a volume perspective, I think I like to think it's going to be a little better than '24 overall, but it's in that sort of ballpark. Operator: Our next question comes from Charli.e. Higgs from Redburn Atlantic. Charlie Higgs: I've got a question on India, please, which had a good 2024. And more broadly, it's been a great market for you over the past few years. I saw in Q4 that you refranchised 40% to a local partner. And I was just wondering if you could comment on that and what attributes that local partner brings that perhaps could even accelerate the engine business to the next level? John Murphy: I just came back from a trip to India. So maybe I'll take this one. The refranchising program that we've had in place continues to move ahead. And India is no different to other parts of the world. We look for a certain profile of partner. Those are ambitious as we are to capture the opportunity, we have the capital who ha”
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SEC filings for KO ↗ · Claim quote is verbatim from the 2024Q4 earnings call.