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Coca-Cola Bottling Co's third quarter 2009 results include USD0.5m of mark-to-market after-tax gains from its fuel and aluminium hedging programmes, besides USD5.4m in tax benefits that reduced its effective tax rate to 6.3%. The previous year's third quarter results included after-tax charges of USD9.7m resulting from pension exit and strike settlement costs, restructuring expenses and fuel hedging losses.
The company's net sales in the third quarter were USD374.6m, compared to USD381.6m in the same period a year ago.
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