Coca-Cola revenues fizz despite global costs challenges

Price increases helped drive the strong quarterly performance

Analysts say the company is navigating supply constraints and cost pressures better than some of its peers.

Coca-Cola’s first-quarter sales exceeded expectations as consumers returned to much of their pre-pandemic behaviour. 

Increased demand for the company’s beverages contributed to an 18% jump in organic revenue growth. The maker of brands such as Sprite and Fanta reported revenue of $10.5bn (€9.7bn).