Coca-Cola (KO) Investor presentation summary

Strategic themes and opportunities

• Focus on capturing untapped industry potential in both developed and emerging markets, with significant room to grow share and attract new consumers globally.

• Emphasis on consumer-centric innovation, leveraging data and predictive insights to anticipate needs and deliver relevant products and experiences.

• Expansion of digital capabilities, with over 60% of customers digitized and increased use of advanced analytics to drive growth and efficiency.

• Franchise model and global network enable unmatched reach, with 2.2 billion servings per day and a $400B+ system market cap.

Financial performance and growth

• Achieved 1% volume growth, 12% organic revenue growth, and 7% comparable EPS growth in 2024.

• Free cash flow excluding IRS tax litigation deposit reached $10.8B in 2024.

• Long-term growth model targets 4-6% organic revenue, 6-8% comparable currency neutral operating income, and 7-9% comparable currency neutral EPS growth.

• 2025 outlook projects 5-6% organic revenue growth and ~$9.8B free cash flow excluding fairlife contingent consideration payment.

Portfolio and innovation

• Portfolio includes 30 billion-dollar brands, with growth driven by both organic creation and acquisitions.

• Non-sparkling beverage categories nearly doubled retail value over the decade, with leading positions in water, juice, and sports drinks.

• Streamlined portfolio and disciplined innovation have tripled success rates versus 2019, with increased speed and digital integration.

• Studio X initiative accelerated marketing and product innovation, improving speed, efficiency, and effectiveness globally.