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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: 2,602.00
Bid: 2,604.00
Ask: 2,606.00
Change: 12.00 (0.46%)
Spread: 2.00 (0.077%)
Open: 2,590.00
High: 2,636.00
Low: 2,588.00
Prev. Close: 2,590.00
CCH Live PriceLast checked at -

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Credit Suisse bumps up target price for CCH

Tue, 07th Jun 2016 11:37

(ShareCast News) - Credit Suisse bumped up its target price on shares of Coca Cola HBC following what it described as an "upbeat" investor seminar from the company on the previous day.The bottling company outlined plans for revenues to grow by between 4% to 5% over fiscal year 2016 to 2020 and boost its margins from the 7.5% achieved in 2015 back to their levels from before the crisis, at 11%.Analysts Sanjeet Aujla, Charlie Mills and Pavan Daswan estimated the improvement in margins would be more backend-loaded, towards 2018-2020, reaching 10% by fiscal year 2020. The analysts also called attention to the "inherent volatility" of the company´s markets.If CCH met those targets then on the basis of current exchange rates that could translate into a compound annual growth rate of 15% in earnings per share between 2016 and 2020, they said.That led Credit Suisse to lift its target price on the company´s shares from 1,480p to 1,500p, while keeping its recommendation at 'neutral'.The Swiss broker also pointed out the prospect for better pricing in Russia, easing deflation across Europe and the "good work" carried out by management on its cost base, which should allow for greater operational leverage if momentum on the top line was maintained.Lastly, the analysts noted how in the absence of future M&A opportunities the company would 'optimise' its balance sheet by paying out a special dividend.
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12 May 2022 09:40

TOP NEWS: Coca-Cola HBC first quarter sales up as mulls Russia options

(Alliance News) - Coca-Cola HBC AG on Thursday said its revenue surged in the first quarter of 2022, and the soft drink bottler expects to have a "much smaller presence" in Russia in the wake of the Kremlin's invasion of Ukraine.

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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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12 May 2022 08:01

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5 May 2022 16:06

UK earnings, trading statements calendar - next 7 days

Friday 6 May 
Beazley PLCTrading Statement
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
Wednesday 11 May 
Airtel Africa PLCFull Year Results
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
Vertu Motors PLCFull Year Results
Thursday 12 May 
3i Group PLCFull Year Results
Adnams PLCTrading Statement
Balfour Beatty PLCTrading Statement
BT Group PLCFull Year Results
Coca-Cola HBC AGQ1 Results
ConvaTec Group PLCTrading Statement
Entain PLCTrading Statement
Grainger PLCHalf Year Results
Hargreaves Lansdown PLCTrading Statement
Plant Health Care PLCFull Year Results
Rolls-Royce Holdings PLCTrading Statement
Seraphim Space Investment Trust PLCQ3 Results
Superdry PLCTrading Statement
Titon Holdings PLCHalf Year Results
Versarien PLCHalf Year Results
  
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9 Mar 2022 08:36

TOP NEWS: Coca-Cola HBC set to suspend business in Russia

(Alliance News) - Coca-Cola HBC AG on Wednesday noted the announcement by Coca-Cola Co that it is suspending its business in Russia and explained it will move in "close alignment" with the soft drinks maker.

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