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

Share Price Information for Coca-Cola HBC (CCH)

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Share Price: 2,636.00
Bid: 2,050.00
Ask: 2,670.00
Change: 0.00 (0.00%)
Spread: 620.00 (30.244%)
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High: 0.00
Low: 0.00
Prev. Close: 2,636.00
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Consumer companies will suffer from exposure to EMEA, says Moody's

Mon, 07th Dec 2015 14:00

(ShareCast News) - Companies in consumer-facing industries like beverages and clothing with strong exposure to Europe, the Middle East and Africa (EMEA) are going to lag global sales and profit growth in 2016, Moody's has warned.The credit agency said the slowdown in emerging markets, increasing pricing pressures and weak demand in the EMEA region will all weigh.Companies with a greater reliance on the region, Moody's said, will lag global operating profit growth in the consumer product industry by 3-4%.On the upside, low commodity prices, cost savings and the weak euro are expected by the agency to largely offset the demand headwinds, keeping the outlook broadly stable for these sectors in 2016.Unilever and Reckitt Benckiser's ratings were both held as stable at their A1, while overseas listed groups like Nestle and Danone also offer no concerns. Premier Foods rating depends on its ability to maintain recent sales growth momentum."Manufacturers of branded consumer products will have to sustain high levels of innovation, marketing and promotion to protect their global market shares and secure shelf space", said senior credit officer Paolo Leschiutta."However, exporters could have the edge, benefitting from the strong dollar against their European cost bases."In the UK, Moody's expects price pressure to remain high owing to changing consumer habits, and wage inflation to accelerate following the introduction of a compulsory national living wage from April 2016.Another UK concern is margin pressure in the consumer durable and apparel sector, where companies are experiencing high competition between branded and private labels.For the beverage industry, the emerging markets slowdown is predicted to dampen growth although, as for all sectors, euro weakness is a tailwind for the export-oriented. The ABInBev-SABMiller merger was not seen as likely to dramatically change the competitive landscape.Diageo's rating was benefiting from an expectation of further improvements in metrics, while Coca-Cola HBC's outlook stabilised at the end of 2015 thanks to the success in weathering exposure to Russia.Although Russia's economic crisis is hitting volumes in beverages, there is a potential opportunity for durables companies with local production facilities and solid market positions, "as they can gain market share from importers and weaker local competitors. High inflation could push consumer spending for consumer durables".
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14 Feb 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 outperforms as UK inflation undershoots

(Alliance News) - Stock prices in London were higher on Wednesday afternoon, taking confidence from a more favourable than expected UK inflation reading, which supported shares in housebuilders.

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14 Feb 2024 09:40

LONDON BROKER RATINGS: Panmure likes Nichols; Jefferies cuts Bytes

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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14 Feb 2024 08:39

LONDON MARKET OPEN: Stocks up on tamer than forecast UK inflation data

(Alliance News) - London's FTSE 100 opened higher on Wednesday, with a favourable UK inflation reading given equities a much-needed shot in the arm, after a tough start to the year was exacerbated by a red-hot US consumer price index report on Tuesday.

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14 Feb 2024 08:08

TOP NEWS: Coca-Cola HBC ups payout and hails double-digit profit hike

(Alliance News) - Drink bottling company Coca-Cola HBC AG on Wednesday lifted its dividend and announced "record" annual profit.

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14 Feb 2024 07:59

CORRECT: United Utilities hit by storms; Severn Trent bullish

(Correcting to clarify that stocks are called to open higher on Wednesday.)

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14 Feb 2024 07:48

LONDON BRIEFING: United Utilities hit by storms; Severn Trent bullish

(Alliance News) - Equities in London are called to open lower on Wednesday, after a morale-boosting UK inflation reading.

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14 Feb 2024 07:21

Coca-Cola HBC posts record 2023 profits on strong sales

(Sharecast News) - Coca-Cola HBC on Wednesday posted record profits last year driven by surging sales and volumes for sparkling drinks and coffee combined with costs easing in the second half.

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7 Feb 2024 17:49

IN BRIEF: Coca-Cola HBC names Anastasis Stamoulis as new CFO

Coca-Cola HBC AG - Switzerland-based strategic bottling partner of Coca-Cola Co - After announcing in January the resignation of Chief Financial Officer Ben Almanzar, says that Anastasis Stamoulis will take on the CFO role. The change comes into effect from May 1. Stamoulis is an internal hire, who has already worked in financial positions within Coca-Cola HBC, including as CFO in several of the company's operations, as group financial controller, group financial operations, and as head of strategic finance and FP&A.

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7 Feb 2024 15:53

UK earnings, trading statements calendar - next 7 days

Thursday 8 February 
Anglo American PLCTrading Statement
AstraZeneca PLCFull Year Results
British American Tobacco PLCFull Year Results
Compass Group PLCTrading Statement
SSE PLCTrading Statement
Unilever PLCFull Year Results
Friday 9 February 
Bellway PLCTrading Statement
S&U PLCTrading Statement
Victrex PLCTrading Statement
Monday 12 February 
no events scheduled 
Tuesday 13 February 
no events scheduled 
Wednesday 14 February 
Coca-Cola HBC AGFull Year Results
Dunelm PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Severn Trent PLCTrading Statement
United Utilities Group PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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15 Jan 2024 17:45

Coca-Cola HBC's finance chief to leave firm for North America role

(Alliance News) - Coca-Cola HBC AG on Monday said its chief financial officer intends to leave the company to take up a new unnamed opportunity in North America.

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15 Jan 2024 17:09

Coca-Cola HBC CFO Almanzar to step down

(Sharecast News) - Coca-Cola HBC said on Monday that chief financial officer Ben Almanzar plans to leave the company to take up a new opportunity in North America.

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5 Jan 2024 08:57

LONDON BROKER RATINGS: Jefferies cuts Mondi to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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21 Dec 2023 17:36

IN BRIEF: Coca-Cola HBC CEO sells 13,500 shares for GBP300,000

Coca-Cola HBC AG - Switzerland-based soft-drink bottling partner of Coca-Cola Co - On Thursday says that Chief Executive Officer Zoran Bogdanovic had sold 13,500 ordinary shares of CHF6.70 each on Wednesday. The shares sold at a price of GBP23.10 each, amounting to a transaction value of GBP311,850.

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1 Dec 2023 17:36

DIRECTOR DEALINGS: Smurfit Kappa director sells EUR972,000 in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

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29 Nov 2023 09:51

LONDON BROKER RATINGS: JPMorgan cuts Diageo to neutral from overweight

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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