COCA-COLA ENTERPRISES INC. PRODUCED RECORD SECOND-QUARTER 1996 VOLUME, CASH OPERATING PROFIT, AND NET INCOME ON STRONG OPERATING MOMENTUM.
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COCA-COLA ENTERPRISES INC. PRODUCED RECORD SECOND-QUARTER 1996 VOLUME, CASH OPERATING PROFIT, AND NET INCOME ON STRONG OPERATING MOMENTUM.
ATLANTA--(BUSINESS WIRE)--July 16, 1996--Coca-Cola Enterprises Inc. announced today that strong second-quarter 1996 operating performance generated cash operating profit of $332 million, 13 percent ahead of reported second-quarter 1995 results. Comparable cash operating profit, or results adjusted for the effect of acquisitions, reflected a 10 percent second-quarter 1996 growth rate. Coca-Cola Enterprises believes that cash operating profit, or operating income before deducting noncash depreciation and amortization expenses, represents one of the key ...
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