EMILY FREDRIX
AP Food Industry Writer
NEW YORK – International sales again added fizz to Coca-Cola’s fourth quarter, while sales in North America softened, to lift profit 55 percent in the last three months of the year.
Although the economy appears to be slowly improving, the CEO of the world’s largest beverage maker said Tuesday he expects 2010 to be another difficult year.
CEO Muhtar Kent said people are no longer worried about how deep the recession will be, but sales could still be volatile in the next year as they wait to see job prospects improve.