Bottler Coca-Cola HBC AG reported first-quarter organic revenue growth above market expectations on Wednesday, supported by strong demand in its key emerging markets, sending shares to a record high.

Coca-Cola reported better-than-expected earnings in the first quarter and said the impact of tariffs on its business are likely to be “manageable.”

Coca-Cola on Tuesday reported first-quarter sales below analysts' estimates but profit that topped expectations, as the beverage giant navigates tariff uncertainty.