Coca-Cola Enterprises
Industry: Beverages (Nonalcoholic)

Coca-Cola Enterprises Inc. operates in the non-alcoholic beverage business, serving a market of approximately 402 million consumers throughout North America, Great Britain, continental France, Belgium, the Netherlands, Luxembourg and Monaco. The Company has perpetual bottling rights within the United States for products with the name Coca-Cola.

Business Summary
Coca-Cola Enterprises Inc. is engaged in marketing, selling, manufacturing and distributing non-alcoholic beverages. The Company is a wholly owned subsidiary of The Coca-Cola Company. The Coca-Cola Company owned approximately 36% of the Company's common stock at December 31, 2004. Coca-Cola Enterprises sold approximately 42 billion bottles and cans (or two billion physical cases) throughout its territories during the year ended December 31, 2004. The Company's bottling territories in North America are located in 46 states in the United States, the District of Columbia and all 10 provinces of Canada. Its bottling territories in Europe consist of Belgium, continental France, Great Britain, Luxembourg, Monaco and the Netherlands. The Company manufactures most of its finished products from syrups and concentrates that it buys from The Coca-Cola Company and other licensors.

Financial Summary
Coca-Cola Enterprises Inc, markets, distributes and produces bottled and canned beverage products for The Coca-Cola Company. For the 6 months ended 7/1/05, revenues increased 3% to $9.32B. Net income increased 23% to $379M. Revenues increased volume in the European territories and a strong performance for regular soft drinks. Net income also reflects an increase in margins, and a decrease interest expenses as percentage of sales.