Coke profit jumps, helped by price increases

[July 22, 2015]  (Reuters) - Coca-Cola Co reported a 20 percent jump in quarterly profit as it raised prices in North America to offset the impact of a stronger dollar, which reduced the value of sales from overseas markets.

Net income attributable to shareholders rose to $3.11 billion, or 71 cents per share, in the second quarter ended July 3, from $2.60 billion, or 58 cents per share, a year earlier.

Revenue fell to $12.16 billion from $12.57 billion. The company gets about 41 percent of sales from international markets.

(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Savio D'Souza)
 

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