Coca-Cola gained market share and increased its profit by 12% in 2023. The turnover of the soft drink giant grew by 6%, to 45,754 million dollars.
In the fourth quarter, profit fell 3%, to $1,973 million, due to non-recurring results and the currency impact. The company expects to generate free cash flow of approximately $9.2 billion through cash flow from operations of about $11.4 billion. The figure does not include possible payments related to ongoing tax litigation with the US Treasury.