Drinks bottler Coca-Cola HBC (ASX:CHB) saw its shares top the FTSE 100 and reach a new all-time high on Thursday morning even though it slowing in profit growth for the coming year.
For the past year, underlying operating profits grew 11% to €1.2 billion, as organic revenue grew 13.8%, with volumes up 2.8% as improvements were seen across sparkling, energy drinks and coffee.
For 2025, it guided to organic operating profit growth of between 7% and 11%, on organic revenue growth of between 6% and 8%.
The City analyst consensus was for growth of 10.7%, on revenue growth of 7.3%.
Shares in the Swiss-headquartered company rose 5.8% to 3,141.6p, up more than 42% over the past 12 months.