For the three months ended March 31, net income rose to $1.13bn from $835m last year. Turnover rose to $5.1bn from $4.5bn.
Chief financial officer Gary Fayard said it was the first time Coke had reported more than $1bn in profit in the first quarter and that it was “a great start to the year”.
Coke said results were boosted by a 4% volume rise in its European markets and a 14% increase in China.
In North America, Coke said unit case volume rose 2%, with diet carbonated soft drinks up double-digit growth and its flagship Coke in the low single-digits. The company added that unit case volume growth for Powerade was up 35%, Dasani 17% and its juices 7%.
Coke noted that selling, administrative and other expenses rose 14%t to $1.9bn in the first quarter.