(ShareCast News) - Beverage bottler Coca-Cola HBC shares jumped on Friday after Citigroup upgraded the stock to 'buy'. Analysts at Citigroup said the company's shares trade at a five-year peak discount to peers. While they acknowledged concerns - including a potential naira devaluation and rising s
Read more(ShareCast News) - Beverage bottler Coca-Cola HBC shares jumped on Friday after Citigroup upgraded the stock to 'buy'. Analysts at Citigroup said the company's shares trade at a five-year peak discount to peers. While they acknowledged concerns - including a potential naira devaluation and rising s
Read more(ShareCast News) - Coca-Cola HBC proposes declaring a gross dividend of €0.4 a share, subject to approval at the AGM on 21 June, and also a raft of director changes. It expects the dividend to be paid 26 July, having gone ex-divided on 30 June. Directors Irial Finan, Sir Michael Smith, Nigel Macdona
Read more(ShareCast News) - Weak emerging country currencies and a strong euro combined to hit sales at bottler Coca-Cola HBC, with net sales revenues down 2.7% to €1.3bn in the first quarter. On a constant currency basis, sales rose 2%. The company reported good growth in Nigeria, Romania and Poland, which
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