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Coca-Cola Bottling Co. reports fiscal year and Q4 2009 results

Coca-Cola Bottling Co. Consolidated announced on 9 March it earned USD38.1 million on net sales of USD1.44 billion for fiscal 2009, compared to net income of USD9.1 million on net sales of USD1.46 billion for fiscal 2008.

The results for fiscal 2009 included USD8 million of mark-to-market after-tax gains due to the company’s fuel and aluminium hedging programmes and USD1.1 million on an after-tax basis of additional income from the 53rd week of fiscal 2009 (2009 was a 53-week year).

Fiscal 2009 results also included USD7.1 million in tax benefits, which reduced the company’s effective tax rate to 30.3 percent.

To view the full results, visit Coca-Cola Bottling Co. Consolidated.

(Source: Coca-Cola Bottling Co. Consolidated)