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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: 2,766.00
Bid: 2,764.00
Ask: 2,768.00
Change: 44.00 (1.62%)
Spread: 4.00 (0.145%)
Open: 2,722.00
High: 2,770.00
Low: 2,722.00
Prev. Close: 2,722.00
CCH Live PriceLast checked at -

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WINNERS & LOSERS SUMMARY: Next Rises After Raising Profit Forecasts

Thu, 10th May 2018 10:52

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------Next, up 8.0%. The clothing and homewares retailer said full-price sales were up 6.0% year-on-year in its first quarter, driven by a strong performance in online sales. Next reported that online sales rose by 18% in the 14 weeks to this past Monday, while retail sales were down by 4.8%. Sales were "better than expected" standing at GBP40 million ahead of the company's forecast, due to the recent warm weather in the UK. The "overperfomance" added GBP12 million to the company's full year profit. Next said it is now expecting sales for its full financial ending January 26, 2019 to grow 2.2%. The company had previously expected a growth by 1.0%. Annual pretax profit is expected to be GBP717 million, up from its previous guidance of GBP705 million but down from GBP726.1 million in financial 2018.ITV, up 4.4%. The broadcaster said first quarter total external revenue was up 5% year-on-year, driven by strong performances by online and studios divisions. For the three months ended March 31, the group's total external revenue was GBP772 million, up from GBP734 million in the year ago period. ITV Studios grew revenue by 11% in the period to GBP382 million from GBP343 million the previous year. Revenue from the online division increased 31% to GBP84 million.Royal Bank of Scotland, up 4.1%. The state-backed lender has agreed to pay a USD4.90 billion penalty to settle a US Justice Department investigation about the bank's issuance of residential mortgage-backed securities. RBS said that USD3.46 billion of the amount will be covered by existing provisions, with an incremental charge of USD1.44 billion in the second quarter. RBS Chief Executive officer Ross McEwan said the agreement in principle with the US Justice Department was "a milestone". He said that "removing the uncertainty" would mean that RBS, bailed out by the UK taxpayer in 2008, would make the bank much stronger.RSA Insurance, up 2.2%. The insurer said first-quarter pretax profit was higher than in the year-ago period, although on an underlying basis it was lower, as increased winter weather costs were not fully offset by other business improvements. The company said weather costs for the three months to March-end were 5.1% of net earned premiums, 3.1 points higher than a year ago and 1.9 points higher than the five-year average of 3.2%, with all regions impacted. First quarter gross written premiums totalled GBP2.09 billion, up 1% at constant exchange rates and in line with the year ago period.Coca-Cola HBC, up 2.1%. The soft drinks bottler said it had a "solid" first quarter that saw sales revenue and volumes increase. For the quarter ended March 30, the soft-drinks bottling company achieved 4.5% currency-neutral net sales revenue growth to EUR1.35 billion from EUR1.30 billion. At actual exchange rates, net sales revenue declined 1.7% from EUR1.35 billion from EUR1.38 billion. The volumes sold were up 2.3% to 453.2 million from 442.8 million, helped by the Easter holiday falling inside the first quarter this year. The company saw its developing segment volumes grow by 12%, driven by "very strong growth" in Poland.Wm Morrison Supermarkets, up 2.0%. The supermarket chain said it made a "strong" start to the year with like-for-like sales rising. For the 13 weeks to this past Sunday, like-for-like sales, excluding fuel, were up 3.6% - with equal contributions from retail and wholesale. Like-for-like sales including fuel were up 1.9%. Total sales were up 3.8% excluding fuel - 2.1% including fuel. Like-for-like number of transactions were up 0.7% but like-for-like items per basket fell 1.1% in the quarter. Looking forward, Morrisons expects net debt to continue to fall during 2018/19. Its expectations remain unchanged and the supermarket is "confident" of "another strong year".----------FTSE 100 - LOSERS----------Randgold Resources, down 8.7%. The gold miner said its annual production guidance remains intact despite a soft first quarter, in which it encountered "multiple challenges". Group production was lower in the first quarter of the year at 286,890 ounces, which was below the 340,958 ounces recorded in the fourth quarter of 2017 and 322,470 ounces in the first quarter of 2017. Gold sales totalled USD391.8 million in the three months to March 31, down from USD409.6 million a year before. Profit attributable to equity shareholders came in at USD57.5 million, down from USD69.8 million last year.BT, down 7.5%. The telecommunications company it will cut 13,000 back office and middle management jobs as part of a broader restructuring plan to save GBP1.50 billion over the three years and invest GBP3.70 billion in improving mobile infrastructure. The company also plans to hire 6,000 new employees in network deployment and customer service divisions which means the restructuring will lead to 7,000 net job cuts.Centrica, down 6.3%, Admiral Group, down 1.7%, BP, down 1.5%. The stocks went ex-dividend, meaning new buyers no longer qualify for the latest dividend payout. ----------FTSE 250 - LOSERS----------Superdry, down 16%. The high street fashion retailer reported 16% growth in annual revenue driven by strong performance in the wholesale and e-commerce divisions and said that its expects a double-digit adjusted profit growth for the period. For the year ended April 28, the company's group revenue totaled GBP872 million, up from GBP752 million. Wholesale revenue grew by 29.6% to GBP323 million, while Ecommerce revenue climbed 25.8% to GBP163 million. Store revenue, however, "remained under pressure" as it grew 3.4% to GBP386 million from GBP373 million.----------
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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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21 Nov 2023 15:19

London close: Stocks slip ahead of FOMC minutes, Autumn Statement

(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

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21 Nov 2023 12:05

LONDON MARKET MIDDAY: Rising pound puts pressure on FTSE before Fed

(Alliance News) - Stock prices in London were lower midday on Tuesday with a stronger pound and some caution ahead of the latest batch of US Federal Reserve meeting minutes and Wednesday's UK fiscal policy announcement, putting pressure on the FTSE 100.

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21 Nov 2023 11:09

Coca-Cola HBC to return up to €400m to shareholders, shares jump

(Sharecast News) - Coca-Cola HBC shot to the top of the FTSE 100 on Tuesday after announcing the launch of a share buyback programme that will see it return up to €400m to shareholders.

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20 Nov 2023 20:50

IN BRIEF: Coca-Cola HBC to start up to EUR400 million share buyback

Coca-Cola HBC AG - Steinhausen, Switzerland-based soft-drink bottling partner of Coca-Cola Co - Says that on Tuesday, it will start a share buyback programme to return up to EUR400 million to shareholders. The company expects the programme to run for around two years. It adds that it remains committed to its priorities, such as organic investment in the business to deliver its medium-term financial targets, such as capital expenditure as a percentage of net sales revenue in the range of 6.5% to 7.5% per year, and paying a progressive dividend with a payout target of 40% to 50% of earnings per share. "With these priorities in mind, the Board believes that the current share price undervalues CCH's future growth opportunities. Therefore, the present time represents a compelling opportunity to reduce the number of shares in circulation, while continuing to invest in the business," Coca-Cola HBC says. It anticipates that the buyback programme will improve earnings per share. Chief Executive Officer Zoran Bogdanovic says: "With our cash-generative business and a strong balance sheet today, we believe that the current market weakness presents a compelling opportunity for us to deploy excess capital through a buyback programme and deliver enhanced shareholder value."

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6 Nov 2023 09:34

LONDON BROKER RATINGS: RBC cuts Next but lifts Dunelm; Citi likes JD

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

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2 Nov 2023 10:14

LONDON BROKER RATINGS: Bank of America starts Unite Group with 'buy'

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

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31 Oct 2023 09:34

TOP NEWS: Coca Cola HBC sees quarterly growth despite Russia fall-off

(Alliance News) - Coca-Cola HBC AG on Tuesday maintained its full year revenue guidance after reporting a robust performance in its third quarter.

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31 Oct 2023 07:14

Coca-Cola HBC reports robust organic growth in third quarter

(Sharecast News) - Coca-Cola HBC reported a robust third quarter of organic growth on Tuesday, which it attributed to the continued implementation of its '24/7' strategy.

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24 Oct 2023 15:48

UK earnings, trading statements calendar - next 7 days

Wednesday 25 October 
Asos PLCFull Year Results
Bytes Technology Group PLCHalf Year Results
Critical Mineral Resources PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Ibstock PLCTrading Statement
Lloyds Banking Group PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
RWS Holdings PLCTrading Statement
ScS Group PLCFull Year Results
Taylor Maritime Investments LtdTrading Statement
Virgin Wines UK PLCFull Year Results
Thursday 26 October 
Bank of Ireland Group PLCTrading Statement
Bloomsbury Publishing PLCHalf Year Results
Botswana Diamonds PLCTrading Statement
C&C Group PLCHalf Year Results
e-Therapeutics PLCHalf Year Results
Financials Acquisition CorpTrading Statement
GCP Infrastructure Investments LtdTrading Statement
HarbourVest Global Private Equity LtdHalf Year Results
Hummingbird Resources PLCTrading Statement
Hunting PLCTrading Statement
Inchcape PLCTrading Statement
International Personal Finance PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Renishaw PLCTrading Statement
Standard Chartered PLCQ3 Results
Unilever PLCTrading Statement
WPP PLCTrading Statement
Friday 27 October 
International Consolidated Airlines Group SAQ3 Results
NatWest Group PLCQ3 Results
Monday 30 October 
Airtel Africa PLCHalf Year Results
Computacenter PLCTrading Statement
Glencore PLCTrading Statement
HSBC Holdings PLCQ3 Results
Lok'n Store Group PLCFull Year Results
Pearson PLCTrading Statement
Tuesday 31 October 
BP PLCQ3 Results
Coca-Cola HBC AGTrading Statement
Elementis PLCTrading Statement
essensys PLCFull Year Results
Georgia Capital PLCQ3 Results
Grit Real Estate Income Group LtdFull Year Results
RHI Magnesita NVTrading Statement
Spectris PLCQ3 Results
TP ICAP Group PLCTrading Statement
UP Global Sourcing Holdings PLCFull Year Results
  
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4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

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

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3 Oct 2023 09:35

LONDON BROKER RATINGS: UBS cuts Burberry; JPMorgan likes EnQuest

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

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1 Sep 2023 12:56

Director dealings: Hiscox CEO invests; Coca-Cola HBC counsel exercises, sells options

(Sharecast News) - Hiscox was among those on the list of director buys on Friday, after its chief executive officer added to his holding.

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1 Sep 2023 12:25

IN BRIEF: Coca-Cola HBC CEO Bogdanovic sells GBP128,000 in shares

Coca-Cola HBC AG - Steinhausen, Switzerland-based soft-drink bottling partner of Coca-Cola Co - Chief Executive Officer Zoran Bogdanovic sells 5,528 shares at GBP23.15 each, worth GBP127,973, in London on Thursday.

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