Coca-Cola on the call
- Total capital investment is expected to be roughly $2.5 million for the year.
- The company now expect items including Venezuela to be 1 to 2 point drag on that revenue growth and an approximate three point drag on operating income growth during the second half of 2014.
- KO says there is a slow-down in Latin America, but but growth and profitability are going in a good direction.
- The company's outlook for leverage on a currency neutral basis remains flat to slightly positive.
- KO anticipates margins to continue in the positive way they been in the first half of the year.
- Company sees value share gains more important than volume share gains.
- KO's smaller size beverages contributed significantly to Coca-Cola revenue growth in Q2 and year to date.