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4-Traders Homepage  >  Equities  >  Nyse  >  The Coca-Cola Co    KO

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The Coca-Cola Company : Issues Statement Regarding Media Reports Related to Monster Beverage Corporation

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04/30/2012 | 09:55pm CET

The Coca-Cola Company today issued the following statement regarding media reports related to Monster Beverage Corporation.

"Coca-Cola has a distribution relationship with Monster in many markets, including the United States. Therefore, we are always in contact with Monster to maximize the value of our commercial arrangements. At this time, we are not in discussions to acquire the Monster Beverage Corporation. We continue to review the best ways to maximize the value of our relationship."

The Coca-Cola Company

The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, the world's most valuable brand, our Company's portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.8 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system employees. For more information, please visit www.thecoca-colacompany.com or follow us on Twitter at twitter.com/CocaColaCo.

The Coca-Cola Company
Kent Landers, +01-404-676-2683


© Business Wire 2012
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Financials ($)
Sales 2016 41 710 M
EBIT 2016 9 911 M
Net income 2016 8 104 M
Debt 2016 26 845 M
Yield 2016 3,44%
P/E ratio 2016 22,35
P/E ratio 2017 20,41
EV / Sales 2016 4,82x
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Average target price 46,6 $
Spread / Average Target 15%
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Ahmet Muhtar Kent Chairman & Chief Executive Officer
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