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International strength lifts Coca-Cola

Soft drinks giant Coca-Cola has said its first-quarter profits jumped 19% on the back of robust international sales.

The company posted Q1 net profits of $1.5 billion, or 64 cents a share, ahead of what analysts had expected.

Revenue rose 21% to $7.38 billion. The company said the revenue increase was partly due to a rise in concentrate sales and benefits from currency movements.

Coca-Cola said its international business led its results. Sales volumes rose 6% in the quarter, with acquisitions adding two percentage points of the growth.  International operations had 7% volume growth.