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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: 2,636.00
Bid: 2,628.00
Ask: 2,630.00
Change: 34.00 (1.31%)
Spread: 2.00 (0.076%)
Open: 2,622.00
High: 2,656.00
Low: 2,614.00
Prev. Close: 2,602.00
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Coca-Cola HBC revenues up 4.4% in Q1, emerging segment shines

Thu, 02nd May 2019 07:44

(Sharecast News) - Coca-Cola HBC posted a rise in first-quarter revenue on Thursday, with a solid performance across all segments and a particularly pleasing contribution from emerging markets.Total group revenue in the quarter rose 4.4% on a reported basis to €1.41bn, with emerging markets revenue up 6.4%, while developing markets and established markets saw revenue rise 4.7% and 2.1%, respectively. Analysts had pencilled in total reported revenue growth of 4.1%.Within the emerging segment, where volumes grew by 5.7%, the company noted encouraging volume growth in Nigeria and continued strong results from Russia, Romania and Ukraine.Total group volume expanded by 3.5% during the quarter, ahead of consensus expectations of 3.4% growth, driven by ongoing growth in the sparkling business, which saw volumes rise 2.8%, and an improvement in the growth rate in Stills, which grew 4.3%.Coca-Cola also announced that it was proposing a special dividend of €2.00 per share, which it said reflected successive years of strong performance, confidence in the future and its commitment to creating value for shareholders.Chief executive officer Zoran Bogdanovic said: "We have started the year well, delivering solid growth in revenues despite the impact of this year's late Easter. Volume growth accelerated compared to last year and our ongoing revenue growth management initiatives continue to deliver improvements in price/mix."This good start sets us up well to deliver on our plans and make 2019 another year in which we achieve FX-neutral revenue growth above our targeted range with another step up in margins."
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TOP NEWS: Coca-Cola HBC first quarter sales up as mulls Russia options

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12 May 2022 09:31

Coca-Cola HBC weighing all options on Russia business

(Sharecast News) - Bottling firm Coca-Cola HBC said it was evaluating all options for its Russian operations and would have a smaller presence in the country after the US drinks company Coca-Cola suspended operations in response to the invasion of Ukraine.

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UK earnings, trading statements calendar - next 7 days

Friday 6 May 
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InterContinental Hotels Group PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Numis CorpHalf Year Results
S4 Capital PLCFull Year Results
Spirent Communications PLCTrading Statement
Monday 9 May 
HgCapital Trust PLCTrading Statement
Georgia Capital PLCTrading Statement
Kosmos Energy LtdQ1 Results
Tuesday 10 May 
FD Technologies PLCFull Year Results
Pacific Assets Trust PLCFull Year Results
Renishaw PLCTrading Statement
Shanta Gold LtdFull Year Results
Treatt PLCHalf Year Results
Trellus Health PLCFull Year Results
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Anexo Group PLCFull Year Results
Angling Direct PLCFull Year Results
Bank of Georgia Group PLCQ1 Results
Brewin Dolphin Holdings PLCHalf Year Results
Compass Group PLCHalf Year Results
Conduit Holdings LtdTrading Statement
Dignity PLCTrading Statement
ITV PLCTrading Statement
Spirax-Sarco Engineering PLCTrading Statement
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Adnams PLCTrading Statement
Balfour Beatty PLCTrading Statement
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