Company
Coca-Cola HBC AG
LON:CCH
Coca‑Cola HBC (Coca‑Cola Hellenic Bottling Company) is a bottling partner of The Coca‑Cola Company. This means that The Coca‑Cola Company manufactures and sells concentrates, bases and syrups to its bottling partners, owns the brands and is responsible for consumer brand marketing initiatives. We use the concentrates and syrups to manufacture, package, merchandise and distribute the final branded products to our trade partners and consumers. We bottle, sell and distribute the world’s most recognised soft drink: Coca‑Cola. Along with Coca‑Cola Light, Sprite and Fanta, also licensed to us by The Coca‑Cola Company, these are four of the world’s five best-selling non-alcoholic ready-to drink beverages. Still drinks – water, juices, tea and energy drinks – make up to 30 percent of our volume. This diverse portfolio means that we’re a strong partner for our customers and provide great choice for consumers. Coca‑Cola HBC is headquartered in Zug, Switzerland and has a premium listing on the London Stock Exchange and secondary listing on the Athens Exchange. Our two major shareholders are the Kar-Tess Holding S.A., a private holding company, and The Coca‑Cola Company.
76 stories
Unilever and Coca-Cola HBC shares: Is it time to exit the consumer staples sector?
Before you leap, take a look at what this leading brokerage has to say.
Coca-Cola HBC to invest in digital push as pandemic effects continue to drain on sales
More developed markets saw sales decline but the ‘emerging’ segment saw an acceleration in volume growth, led by Russia and Nigeria
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FTSE 100 closes ahead but US stocks plunge amid release of April inflation data
Britain's blue chip index closed more than 56 points higher, or 0.82% up, at 7,004 with oil giants among the top winners
Coca-Cola HBC sees rate of decline in volume shipments slow in the fourth quarter
The coronavirus pandemic hit demand and posed logistical problems but things stabilised in the second half of 2020
Coca-Cola HBC expects good full-year profits despite pandemic
The firm is pinning its hopes on growth in the at-home channel combined with its cost-savings programme
Coca-Cola HBC says revenue recovering as markets exit lockdowns
Sales were 5% down last month from a 36% decline in April
Coca-Cola HBC CFO to step down next year
Michalis Imellos will step down from the position at the end of the first quarter of 2021 after more than eight years in the role
Coca-Cola HBC revenue tanks 37% in April with most markets in lockdown
In the three months ended 27 March, group revenue dipped 1% as many countries had not imposed restrictions yet
Coca-Cola HBC still plans to serve dividend, though guidance revoked
Demand in markets with heavy social distancing restrictions, such as Italy, central and southern Europe, has been “severely affected”
Coca-Cola HBC sees growth across all three of its market segments
Basic earnings per share in 2019 rose 10.2% at €1.340
Coca-Cola HBC lowers sales target following bad weather
The bottler now expects 2019 foreign exchange (FX) neutral revenue growth to be between 4% and 4.5%, against previous estimates within the range of 5-6%
Coca-Cola HBC on track to meet its revenue growth target despite poor weather in second quarter
"We are pleased with this solid first half given the challenging combination of tough comparators and unseasonably cold and wet weather,” said chief executive Zoran Bogdanovic.
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FTSE 100 closes a shade lower as markets uninspired; US celebrates Independence Day holiday
The Footsie finished down nearly six points at 7,603
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Will poor weather have knocked sales at AB Foods clothing stores flagship Primark?
Aside from the AB Foods update, investors will also be eyeing updates from builders Persimmon and MJ Gleeson, while US markets will be shut for Independence Day
Coca-Cola HBC uncorks sparkling special dividend
Drinks bottler's proposed dividend was “reflecting successive years of strong performance, confidence in the future and our commitment to creating value for our shareholders”
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FTSE 100 closes in the red after BoE keeps interest rates on hold
The UK blue-chip index finished down nearly 34 at 7,351, while its mid-cap cousin FTSE 250 lost over 127 points
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Bank of England rates decision to take macro spotlight on ‘Super Thursday’
On the corporate front there will be another big batch of blue-chip updates to digest, notably from oil major Shell and banking giant Lloyds
Coca-Cola HBC snaps up Serbian confectionary brand Bambi in €260mln deal
The FTSE 100 soft drinks bottler said the purchase offered the opportunity for revenue synergies through cross-promotion, “complementary innovation”, and cost efficiencies
Investments and investor services
FTSE 100 joins global benchmarks to head higher on Friday on trade deal hopes
Britain's blue chip index closed up around 39, or 0.55% at 7,236 on the day
Coca-Cola HBC shares drop on outlook in spite of above-target full-year profits
The group said: “Economic growth in 2019 is forecast to slow down in a number of our markets, which is likely to negatively impact consumer spending in the Established and Developing segments"
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FTSE 100 closes a tad higher but sentiment dented by US data
FTSE 100 closed up just over six points at 7,197, while FTSE 250 shed over 74 at 18,898
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Drug firms AstraZeneca and Indivior to be in spotlight on Thursday
AstraZeneca, Indivior and Coca-Cola HBC are among the higher profile names in the schedule for Thursday.
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Blue-chip corporate update mill to continue to grind, with RBS and AstraZenca to the fore
Aside from all the company news, the Week Ahead also brings the latest UK inflation and GDP growth data for investors to digest, while the Brexit saga will continue to roll on
UBS double-upgrades Coca-Cola HBC to ‘buy’ as it says special dividend "most likely" after strong third quarter growth
In a note, the Swiss bank said the FTSE 100 drinks bottler had “organic sales growth at the top end of Staples well balanced between volumes and price/mix”
Investments and investor services
Wincanton on the right road as strong cash flow whittles away debt
A look at the day's poppers and droppers, including JD Wetherspoon, Gattaca, Renewi, AdEPT, The Works, Coca-Cola HBC and Micro Focus
Coca-Cola HBC pepped up by "a quarter of solid growth"
"Our product portfolio is evolving to meet changing consumer preferences, and by partnering with customers we are strengthening our route to market," said Zoran Bogdanovic, the group's CEO
Investments and investor services
J Sainsbury and retailers to be among highlights amid busy Thursday schedule
Sainsbury, Superdry and Burberry are among the names in the diary for Thursday.
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Trump mid-term test and US rate decision to give week ahead a Trans-Atlantic twist
Aside from the US elections and Fed policy meeting, updates from UK blue-chip retailers J Sainsbury, Wm Morrison Supermarkets and Marks & Spencer should draw the most attention in the coming week
Coca-Cola HBC sees first-half sales boosted by hot weather and World Cup period
The FTSE 100 bottler of Coca-Cola beverages reported an operating profit (EBIT) for the first half of €303.9mln, up 14.1% on the same period a year ago
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Cineworld investors hope World Cup and hot weather failed to keep customers away in first-half
The day ahead sees Cineworld and Legal & General report their first-half results
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HSBC will ring down the curtain on the bank's interim reporting season, but other financials also in focus
Aside from HSBC's numbers, Prudential, L&G, Standard Life Aberdeen, and Hargreaves Lansdown are all on the results docket in the coming week
Coca-Cola HBC upgraded to ‘Buy’ by Jefferies as it enters “sweet spot of growth”
Analysts said the FTSE 100 bottler was “poised to benefit from continued strong top and bottom line momentum”, with its Russian and Nigerian markets expected to return to growth
FTSE 100 joins other European benchmarks to go lower as trade fears continue to dent sentiment
FTSE 250 closed also lower - just shy of 160 points lower at 20,684, while FTSE small cap market shed around 25 points
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Greene King enjoying the summer sunshine
The oil sector dominates the corporate news agenda on Thursday but it is also difficult to get away from matters pertaining to the World Cup
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Costa Coffee demerger move hangs over Whitbread trading update
Aside from Whitbread, updates are also due in the week ahead from cruises operator Carnival, packaging firm Bunzl, struggling floorings retailer Carpetright, and pubs operator Greene King
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All eyes to be on trading news from Tesco - although investors have to wait until Friday
Aside from a first-quarter update from Tesco, the week ahead will include an annual meeting for rival Morrison's, plus the latest US Federal Reserve and ECB policy meetings
Coca-Cola HBC sees divine intervention as Easter helps boost volumes in first quarter
The FTSE 100-bottler of Coca-Cola drinks said group volumes increased 2.3% in the period while volumes in its developing markets segment swung to an 11.8% gain
Investments and investor services
FTSE 100 closes higher, given a leg-up by weaker pound
The blue-chip index closed around 38 points higher at 7,700
Investments and investor services
Will BT Group be able to avoid cutting its dividend?
Thursday is set to be a busy one for corporate results with the likes of BT Group, Barratt Developments, Next and Supergroup among the day's highlights.
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Rate hike unlikely from May Bank of England policy meeting after recent dull UK data
Aside from the latest Bank of England interest rate decision, the week ahead includes updates from Wm Morrison Supermarkets, Next, BT Group, ITV, and William Hill ...
Coca-Cola HBC full year earnings rise on demand for Monster Energy and water
The bottling company expects continued volume growth for the 2018 financial year but foreign exchange headwinds will impact earnings
Investments and investor services
FTSE 100 ends in positive territory with precious metals miners leading the way
The blue-chip index closed at 7,214, up 46 points on the day
Investments and investor services
Shire to reveal extent of pressure from generic versions of its big sellers
Investors will also be keen to see more integration synergies from the addition of Baxalta.
Investments and investor services
FTSE 100 heats up as defensives are given the cold shoulder
The index of blue-chip shares eased off a little in the final half-hour
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Inflation numbers from UK and US to be eyed closely in coming week amid rate hike fears
Week ahead includes the latest UK and US consumer price indexes, plus corporate updates from RELX PLC, Coca Cola HBC PLC, Shire PLC and ConvaTec PLC
Britvic and Coca Cola HBC fizz on broker upgrades
Deutsche Bank analyst Andrea Pistacchi likes both of the drinks makers, albeit for different reasons
Coca Cola HBC under the cosh as JP Morgan cuts rating and target price
JP Morgan said Coca-Cola HBC is best placed to buy a stake in Coca-Cola Beverages Africa but accretion from the deal will be lower than previously expected
Hot European summer helps Coca Cola HBC’s third-quarter sales to fizz higher
"We are very pleased with the strong revenue delivery in the quarter, well balanced between broad-based volume growth and substantial price/mix improvement”
FTSE 100 firmly in red as EU cuts growth forecasts for UK
After a bullish run over the past few months, European and US markets endured a rare off day on Thursday
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AstraZeneca's results: focus will be on the pipeline and recovery options for the MYSTIC trial
Will Astra get into the MYSTIC? The company said not all hope was lost for its lung cancer trial, which flunked in the summer
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M&S and Sainsbury's take centre stage as BoE interest rate hike excitement dies down
The week ahead includes earnings from M&S, Sainsbury's, ABF, Direct Line, Wetherspoon and AstraZeneca while macro-economic announcements will be thin on the ground
FTSE 100 barely changed after PM's speech; Centrica slides
Not much happening among the blue-chips but Image Scan and Future were among the big movers in the small caps sector
Coca‑Cola HBC announces death of CEO, just weeks after saying he was taking leave of absence
The FTSE 100-listed soft drinks bottler said Michalis Imellos will continue in the role of Acting CEO, with further announcements to be made in due course
FTSE 100 closes higher, boosted by weak sterling and Ferguson
The pound's weakness is the source of the Footsie's late strength
Coca-Cola HBC boss Dimitris Lois takes four-month leave of absence for medical treatment
Chief financial officer Michalis Imellos will serve as acting chief executive while Dimitris Lois is on leave
Vitesse Media shares soar on appointment of new CEO, possible placing to pay down debt, fund expansion
A look at some of the biggest risers and fallers in London today
FTSE 100 stays weak, but off lows as US stocks rally
At 3.15pm, the UK benchmark index was down 64 points at 7,325, above the session low of 7,296.49 but still set for its worst week in nine months having dropped nearly 250 points in the last three sessions of the week
Coca Cola HBC fizzes higher as warm June and late Easter boost first half profits
Operating profits soared by almost 21% to €266.4mln in the six months ended 30 June
FTSE 100 plunges on North Korea fears
The FTSE 100 finished 108 points lower at 7,390, about 13 points above its intra-day low
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Prudential's chief Mike Wells to face questions on rumoured break-up at first half results
Prudential, Glencore and DFS Furniture are among the companies reporting results on Thursday
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Insurers and fund mangers in the earnings frame, notably Standard Life, Prudential and L&G
Week ahead: Results from Standard Life PLC, Prudential PLC, Legal & General Group PLC, Paddy Power Betfair PLC, Intercontinental Hotels PLC , G4S PLC, Glencore PLC ...
Investments and investor services
FTSE 100 finishes little changed after "Super Thursday" underwhelms
The Footsie was back in black - but only just - thanks to precious metals miners
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What will BT have to say about write-down can-of-worms?
Thursday brings the fourth quarter trading update from BT Group, while the banking AGM season continues.
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Pensioners, Ofcom and rivals snap away at BT
Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
Investments and investor services
FTSE 100 ends higher as food groups power gains on takeover battle
Around 3.15pm, the UK blue chip index was up over 21 points at 7,299, not far from the day’s peak of 7,307, and well above the day’s low of 7,253.
Metal Tiger strongly extends yesterday's leap; Laura Ashley drops
The main risers and fallers around 2.45pm included Metal Tiger, CloudTag, Laura Ashley ...