For its 125th birthday, Have a Coke and a Smile


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The world's largest maker of soft drinks announced  Wednesday its fourth quarter was more successful than it anticipated, which topped off a strong year that prepares if for its 125th celebration in 2011.

The Coca-Cola Company ( COKE ) of Atlanta achieved 6 percent growth in the final quarter of 2010 and 5 percent for the whole year. Volume growth in North America was at 8 percent for the fourth quarter and 2 percent for the full year. Net revenue for the full year was $34.5 billion.

"Now, as we enter 2011, we do so with solid momentum," according to Muhtar Kent, chairman and chief executive officer. "This year marks the 125th anniversary of Coca-Cola … and we see opportunities as exciting as our predecessors must have seen back in 1886.

Kent also paid tribute to the legions who have made the company as strong during its lifetime.

"The fact that we are a thriving business after nearly 125 years is a testament to our youth, not our age," he said. "There is something special indeed about an enterprise that is in a state of constant renewal and dynamic growth."

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Personal Finance , Business , US Markets
Referenced Stocks: COKE

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