Excluding certain items that impact comparability, the company achieved net income of $788m, or $1.60 per diluted common share.
For full-year 2009, consolidated comparable operating income grew 9%. North American comparable operating income grew $126m or 13%, and in Europe, operating income grew $63m, or 7%, including a negative currency impact of $118m.
Full-year revenues were down 0.5%, as North American revenue declined 0.5% and European revenue declined 1.5%. Excluding a negative currency impact of 3.5%, total revenues grew 3%. There was a negative currency impact of approximately 15 cents on comparable EPS results of $1.60.
In the fourth quarter, diluted EPS on a reported and comparable basis totaled 22 cents. Revenue declined 2.5% as a favourable currency impact of 3% was offset by four fewer selling days.
Source: Coca-Cola Enterprises
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