Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the US.

Revenue rose seven per cent to 10.8 billion US dollars for the October-December period, the Atlanta beverages giant said on Tuesday.

That topped Wall Street’s forecast of $10.7 billion, according to analysts polled by FactSet.

Unit case volumes rose two per cent in the quarter, led by sparkling soft drinks, juices and Coca-Cola Zero Sugar. Sports drinks, coffee and tea all saw lower demand.

Net income fell three per cent to $1.9 billion, or 46 cents (36p) per share.

Without one-time items, including restructuring costs, the company earned 49 cents (39p) per share. That was in line with Wall Street’s forecast.

Shares in the Coca-Cola Company were unchanged in pre-market trading on Tuesday.