Coca-Cola Enterprises Inc (NYSE:CCE) releases Q3 2013 results

The management team of Coca-Cola Enterprises Inc (NYSE:CCE) announced their Q3 2013 results on 24th October, 2013. Looking at the third quarter of Coca-Cola Enterprises Inc, the company has managed to return to the growth of 2.5% increase in the volume which led to 2.5% increase in the sales and 2% in the operating income. This growth is the result of the seasonal marketing activities conducted by the company. Moreover, the benefits of proper execution of the summer marketing programs led to 2.5% increase in the volume.

Some of the seasonal marketing activities adopted by the management of Coca-Cola Enterprises Inc which helped to increase the profit and sales of the company are Share a – Coke Campaign, improved weather and also ongoing operating initiatives.

Also the report included that though the company has experienced a volume growth, but it is also important to understand some of the sequencing which happened during the third quarter. Specifically, in the month of July the volume growth was positive, but August was flat and in the month of September there was a decline in the volume growth of the company. The results of July are a support which helped in increasing the volume growth due to the persistent poor weather.

The company is keenly focused on restoring the sustained growth of the business. Though, the macroeconomic environment is affecting our customers and clients as there is huge competition in the market. The company has received a satisfactory third quarter report but the company is looking forward to work in the same condition in order to stay in the competition and increase the net sales.

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Published by Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. You may contact Brendan via his email (brendanbyrne@wallstreetpr.com) or his Google+ page (https://plus.google.com/u/0/116608759701551457422).