Coca-Cola Enterprises (CCE) Tops Q1 EPS by 1c, Affirms Guidance

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Coca-Cola Enterprises, Inc. Reports First-Quarter 2015 Results

April 30, 2015 7:30 AM EDT

First-quarter diluted earnings per share were 40 cents on a reported basis or 42 cents on a comparable basis, including a negative currency translation impact of 11 cents. Net sales were $1.6 billion, down 13 percent on a reported basis or up 4 percent on a currency-neutral basis; comparable volume grew 1 percent. Reported operating income was $158 million; comparable operating income was $165 million, down 15 percent or up 4 percent on a currency-neutral basis. CCE affirms its full-year guidance for 2015, including comparable and currency-neutral diluted earnings per share growth in a range of 6... More