Coca-Cola sales and profits up on previous year

Coca-Cola’s first-quarter sales and profits show an increase on the same period last year.

Pre-tax profits for the three months to 28 March were up 13% on the first quarter of 2007, to $1.9 billion (£954m). Sales were up 21% to $7.4bn (£954m).

President and chief operating officer Muhtar Kent said he anticipated another successful year for The Coca-Cola Company."