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Turkish Coca-Cola Icecek Q1 sales jump 22 percent

Sat May 31, 2008 3:37am EDT
 
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ISTANBUL, May 31 (Reuters) - Istanbul-listed Coca-Cola Icecek CCOLA.IS said on Saturday its sales rose 22 percent in the first quarter to 391 million lira ($322 million).

The Turkish bottler, in which Coca-Cola Co (KO.N: Quote, Profile, Research, Stock Buzz) has a minority stake, did not provide profit figures.

However, it said earnings before interest, tax, depreciation and amortisation (EDITDA) achieved greater growth than sales.

 

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