The company also said it would let its right to buy Coca-Cola's bottling business in Germany expire. It said it now expects to buy back about $1 billion in its shares by the end of the year.
Like The Coca-Cola Co., the bottler has been struggling to grow in developed markets where people are more concerned about sugary drinks and obesity.
During the quarter, Coca-Cola Enterprises said it hiked prices by 2 percent. But that failed to offset a 1.5 percent decline in sales volume. By region, volume rose 1 percent in Great Britain and fell 3 percent in continental Europe.
Energy drinks rose 4 percent and although non-carbonated drinks were down "modestly," Capri-Sun and Nestea saw growth.
For the January-March period, the company said it earned $61 million, or 21 cents per share. That's down from $109, or 35 cents per share, a year ago.
Not including one-time items, it earned 39 cents per share, a penny above what Wall Street expected.
Revenue dipped 1 percent to $1.85 billion, just shy of the $1.9 billion analysts had forecast.
Coca-Cola Enterprises has rights to bottle Coca-Cola drinks in Belgium, France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden.
Its shares fell 39 cents, or 1.1 percent, to $36.31 in afternoon trading. They are trading near the upper end of their 52-week range of $26.05 to $37.64.
Copyright 2013 The Associated Press.