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"Third-quarter 2000 net income per common share was 27 cents, excluding the insurance proceeds.Constant territory volume declined 1 1/2 percent in both North America and Europe for the third quarter of 2000. Coca-Cola Enterprises today announced third-quarter 2000 cash operating profit(a) was $711 million, and net income applicable to common shareowners was $130 million, or 30 cents per diluted common share. Third-quarter 2000 results include $20 million of insurance recovery related to the 1999 recall of the Company&amp;#39;s products in certain European territories. Adjusting for the insurance proceeds, comparable cash operating profit totaled $691 million for the quarter and net income per diluted common share totaled 27 cents. Comparable cash operating profit for the first nine months increased to approximately $1.9 billion, up 5 percent from adjusted 1999 levels. Earnings per diluted common share increased to 49 cents on a year-to-date basis, excluding nonrecurring items. &amp;quot;The people of Coca-Cola Enterprises have built the strongest distribution system in the industry by focusing on superior marketplace execution, local management authority, and local brand building initiatives,&amp;quot; said Summerfield K. Johnston, Jr., chairman and chief executive officer. &amp;quot;These strengths - combined with the renewed local focus of The Coca-Cola Company - will enable us to reinvigorate volume growth and drive increasing levels of profitability.&amp;quot;"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.just-drinks.com/news/coca-cola-enterprises-reports-third-quarter-2000-results_id75609.aspx>