Coca-Cola Enterprises (CCE) Tops Q4 EPS by 2c

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Coca-Cola Enterprises, Inc. Reports Fourth-Quarter and Full-Year 2015 Results

February 11, 2016 7:30 AM EST

CCE achieved full-year diluted earnings per share of $2.54 on a reported basis or $2.58 on a comparable basis, including a negative currency impact of 18 percent. Full-year net sales totaled $7.0 billion, a decline of 15 percent on a reported basis, or down 1½ percent on a currency-neutral basis; volume declined ½ percent, and net pricing per case declined 1 percent. Full-year operating income was $866 million on a reported basis, down 15 percent; comparable operating income was $949 million, down 13½ percent or up 1½ percent on a comparable and currency-neutral basis.... More