focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

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

Share Price Information for Coca-Cola HBC (CCH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,780.00
Bid: 2,780.00
Ask: 2,782.00
Change: 58.00 (2.13%)
Spread: 2.00 (0.072%)
Open: 2,722.00
High: 2,784.00
Low: 2,722.00
Prev. Close: 2,722.00
CCH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sun and football make for effervescent first half at Coca-Cola HBC

Thu, 09th Aug 2018 07:31

(Sharecast News) - Coca-Cola HBC reported its financial results for the six months ended 29 June on Thursday, claiming "strong" revenue growth of 6.4% in the first half on a foreign exchange-neutral basis; with acceleration in the second quarter supported by new product launches, good weather and the FIFA World Cup.The FTSE 100 soft drinks bottler - the world's second-largest bottler of Coca-Cola products, with a focus on central, southern and eastern Europe - said foreign exchange-neutral revenue per case increased 1.8%, which was delivered through pricing as well as continued improvements in category and package mix in all three segments.Volume reportedly accelerated in the second quarter, resulting in 4.6% growth in the first half, with the board saying sparkling beverages volume was "particularly strong", also up by 4.6%.Established markets volume increased 0.9%, with good performances reported from Greece and Ireland.There was also continued strong growth in the company's developing markets, with volume up 8.9%, led by Poland and Hungary.Emerging markets delivered 5.1% volume growth, supported by a return to growth in Nigeria and Russia in the second quarter.Revenue growth, coupled with cost control, resulted in a 60 basis point improvement in comparable operating expenses as a percentage of net sales revenue, Coca-Cola HBC said.Net sales revenue itself was 0.5% higher year-on-year at €3.23bn.The firm's comparable operating profit margin increased by 60 basis points to 9.6%, notwithstanding a 30 basis point increase in marketing investments to support product launches and FIFA World Cup activations.Discounting for that, the operating profit margin increased by 110 basis points to 9.4%, with operating profit itself rising 14.1% to €303.9m.Comparable earnings per share were 60.3 euro cents - a 4.7% increase on the prior-year period, while basic earnings per share rose 12.2% to 59 cents."The evolution of our portfolio is gathering pace and gaining traction with customers across our markets," said chief executive Zoran Bogdanovic."We have delivered a strong set of results as product launches and tailored commercial activation enabled us to capitalise on favourable market conditions and the FIFA World Cup."Bogdanovic said revenue growth was "excellent", driven by both volume and price/mix improvements across all three of the company's geographic segments."Margins continue to improve as we keep our focus on driving top-line growth and cost control."We continue to make good progress against the 2020 targets and expect to deliver another year of revenue growth and improvement in margins."
More News
14 Feb 2024 16:53

LONDON MARKET CLOSE: Investors celebrate steady UK inflation

(Alliance News) - Stock prices in London closed higher on Wednesday, after data showed that the UK's annual inflation rate was steady last month, defying expectations of an acceleration.

Read more
14 Feb 2024 15:23

London close: Stocks rise as UK inflation holds steady

(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.)

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.