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Pin to quick picksCoca-Cola HBC Share News (CCH)

Share Price Information for Coca-Cola HBC (CCH)

London Stock Exchange
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Share Price: 2,614.00
Bid: 2,620.00
Ask: 2,622.00
Change: -22.00 (-0.83%)
Spread: 2.00 (0.076%)
Open: 2,640.00
High: 2,644.00
Low: 2,614.00
Prev. Close: 2,636.00
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Coca-Cola HBC profits up despite lower revenues

Thu, 13th Aug 2015 07:20

(ShareCast News) - Bottling firm Coca-Cola HBC posted a 31.7% rise in first-half net profits to €125.2m, although sales fell by 1% to €3.15bn due to an adverse impact from currencies.The company said comparable earnings before interest and tax (EBIT) were €219.0m - up 31.2%, leading to a 170 basis point improvement in EBIT margin as favourable input costs, increased volume, benefits from revenue growth management initiatives and cost efficiencies were partly offset by "significant" adverse movements in currencies.It added that initiatives to further improve operational efficiencies remain unchanged."For 2015, we have identified restructuring initiatives of approximately €45m. We expect these initiatives to yield €30m in annualised benefits from 2016 onwards, while the initiatives already taken in 2014 and those that we will take in 2015 are expected to yield €44m of total benefits in 2015," Coca-Cola HBC said.Chief executive Dimitris Lois said difficult conditions remain in many of the company's markets, particularly in Russia."Conditions are more favourable in Eastern Europe and Nigeria, where we are confident of further growth. We have become more optimistic as the year has progressed and remain confident that 2015 will be a year of volume growth and progress on margins," he said.
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9 Nov 2022 11:55

Citi stays at neutral for CCH, cites lower multiple for Russia profits

(Sharecast News) - Analysts at Citi kept their recommendation for shares of Coca-Cola HBC at 'neutral'.

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8 Nov 2022 10:54

TOP NEWS: Coca Cola HBC quarterly revenue bolstered by price increases

(Alliance News) - Coca-Cola HBC AG on Tuesday reported higher third-quarter revenue as it cited pricing as one method to combat cost inflation.

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8 Nov 2022 07:46

Coca-Cola HBC raises earnings outlook after strong summer

(Sharecast News) - Soft drinks bottler Coca-Cola HBC raised full year earnings guidance on Tuesday as it reported a boost to revenue from rising prices in the third quarter.

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1 Nov 2022 15:52

UK earnings, trading statements calendar - next 7 days

Wednesday 2 November 
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Coca-Cola Europacific Partners PLCQ3 Results
Greatland Gold PLCFull Year Results
GSK PLCQ3 Results
Hiscox LtdTrading Statement
Metro Bank PLCTrading Statement
Morgan Sindall Group PLCTrading Statement
Next PLCQ3 Results
Polymetal International PLCQ3 Results
Smurfit Kappa Group PLCTrading Statement
Weir Group PLCQ3 Results
Wizz Air Holdings PLCHalf Year Results
Thursday 3 November 
BT Group PLCHalf Year Results
Gattaca PLCFull Year Results
Glanbia PLCQ3 Results
Helios Towers PLCQ3 Results
Hikma Pharmaceuticals PLCTrading Statement
Howden Joinery Group PLCTrading Statement
J Sainsbury PLCHalf Year Results
Lancashire Holdings LtdTrading Statement
OSB Group PLCTrading Statement
Polymetal International PLCQ3 Results
RS Group PLCHalf Year Results
Rolls-Royce Holdings PLCTrading Statement
Smith & Nephew PLCTrading Statement
TI Fluid Systems PLCTrading Statement
Trainline PLCHalf Year Results
UP Global Sourcing Holdings PLCFull Year Results
WAG Payment Solutions PLCTrading Statement
Wheaton Precious Metals CorpQ3 Results
Woolworths Group LtdQ1 Results
Friday 4 November 
Apax Global Alpha LtdFull Year Results
Monday 7 November 
Great Eastern Energy Corp LtdHalf Year Results
Kingspan Group PLCTrading Statement
Ryanair Holdings PLCHalf Year Results
Tuesday 8 November 
Argentex Group PLCHalf Year Results
Associated British Foods PLCFull Year Results
Aveva Group PLCHalf Year Results
Beximco Pharmaceuticals LtdFull Year Results
Coca-Cola HBC AGTrading Statement
DCC PLCHalf Year Results
Direct Line Insurance Group PLCTrading Statement
Egdon Resources PLCFull Year Results
Hilton Food Group PLCTrading Statement
Marks Electrical Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Persimmon PLCTrading Statement
Warehouse REIT PLCHalf Year Results
YouGov PLCFull Year Results
Zoo Digital Group PLCHalf Year Results
  
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Coca-Cola HBC AG - Zug, Switzerland-based drinks bottling company for Coca-Cola - Launches euro-denominated three-year fixed rate issue of notes under its EUR5 billion medium term note programme.

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15 Aug 2022 11:15

Citi hikes target on CCH but stays at 'neutral' on limited visibility for 2023

(Sharecast News) - Analysts at Citi hailed Coca Cola HBC's first half numbers, hiking their target price for the shares in the process.

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15 Aug 2022 09:31

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12 Aug 2022 15:54

Deutsche Bank hikes target price on Coca-Cola HBC

(Sharecast News) - Analysts at Deutsche Bank raised their target price on bottling company Coca-Cola HBC from 2,525.0p to 2,600.0p on Friday, stating the stock was "still going cheap" despite recent strong growth.

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