Coca-Cola Enterprises Reports 10 Percent Comparable Cash Operating Profit Growth, 5 Percent Consolidated Volume Growth, and Earnings Per Share of 28 Cents in 1998.

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Coca-Cola Enterprises Reports 10 Percent Comparable Cash Operating Profit Growth, 5 Percent Consolidated Volume Growth, and Earnings Per Share of 28 Cents in 1998.

ATLANTA--(BUSINESS WIRE)--Jan. 19, 1999--

-- Cash operating profit exceeded $1.9 billion reflecting a

10 percent comparable increase in 1998.

-- Full-year 1998 consolidated constant territory volume grew

5 percent, with increases of more than 6 percent in North America

and 2 percent in the Company's European operations.

-- Total 1998 volume reached 3.6 billion unit cases on a reported

basis and 3.8 billion unit cases on a pro forma basis.

-- Net income per diluted common share was 28 cents in 1998,

excluding the 1998 United Kingdom tax rate change benefit.

Coca-Cola Enterprises (NYSE:CCE) today reported that 1998 cash operating profit increased to more than $1.9 billion, reflecting 10 percent comparable growth and 19 percent reported growth. Volume increases well ahead of industry rates in both th...

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