Overview Key strengths Key risks Strong brand portfolio. Potential that consumers will reduce their consumption of sugary drinks. Global market share leader in most of its product categories. Significant utilization of single-use product packaging. Substantial scale. High dividend payout. Geographically diverse. IRS transfer pricing litigation risk. Solid profit margins and free operating cash flow (FOCF). Coke reported better-than-expected organic revenue organic growth of 12% (excluding negative currency impact, divestitures, and other structural changes) in fiscal 2024 (ended Dec. 31, 2024). This was higher than the company?s long-term expectation of 4%-6% annually, primarily because of an 11% positive impact from pricing and mix, which is not likely to repeat with inflation moderating. Still, the company?s case volume growth turned positive, growing
