The Coca-Cola Company has raised its guidance for the full year after its Q3 performance was boosted by higher prices.

The beverage giant recorded sales of $11.06 billion – up 10% year-over-year – ahead of the $10.52 billion expected on average by analysts, according to Refinitiv IBES data.

Meanwhile, the soda maker saw organic sales growth of 16%, driven by higher prices, while unit case volume rose 4%.

Overall, hydration, sports, coffee and tea saw unit case volume grow 5%. Tea was stable, as strong growth in Brazil and Mexico was offset by a decline due to the company’s suspension of business in Russia. 

Coca-Cola Zero Sugar grew 11%, while sparkling soft drinks overall grew 3%, driven by performance across all geographic operating segments.

Unit case volume grew 9% in Asia Pacific, while Coca-Cola’s Europe, Middle East and Africa business saw a 1% decline, as growth in Spain, Germany and France was more than offset by the impact of suspending operations in Russia.  

“Our strong capabilities and consumer insights continue to help us win in the marketplace,” said James Quincey, chairman and CEO of The Coca-Cola Company. 

“Our business is resilient amidst a dynamic operating and macroeconomic environment. We are investing in our strong portfolio of brands, which is a cornerstone of our ability to deliver long-term value for our stakeholders.”

Coca-Cola has updated its full-year guidance and says that it now expects to deliver organic revenue growth of 14% to 15%, compared with its previous forecast of a 12% to 13% increase.