Coca-Cola HBC Ltd

CCH

Equity

ISIN CH0198251305 / Valor 19825130

LSE London Stock Exchange, SETS (2026-09-10)

GBP 44.96+0.90%

Coca-Cola HBC Ltd
UMushroom community rating:

5.00 1 votes No rating yet

NegativeNeutralPositive

About company

Coca‑Cola HBC Ltd is a publicly traded multinational bottler and distributor that produces, bottles and sells non‑alcoholic ready‑to‑drink beverages under franchise agreements with The Coca‑Cola Company and other brand owners. Its core activities cover manufacturing, packaging, logistics and route‑to‑market distribution for a portfolio that includes cola and other carbonated soft drinks as well as still waters, juices, sports and energy drinks and iced teas, serving grocery, convenience and foodservice customers across multiple European and African markets; the company operates extensive bottling plants, cold‑chain logistics and on‑trade equipment to support sales and supply.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Top-line and volumes

Organic net sales revenue grew 13.8% while reported revenue rose 5.6% to €10,754.4m; organic volume increased 2.8% with all segments contributing to growth.

Profitability and margins

Comparable EBIT was €1,192.1m (comparable EBIT margin 11.1%). Comparable gross profit margin improved to 36.1% (up 110 bps) while comparable COGS per case rose just 1.0%.

Earnings and cash flow

Reported net profit was €820.6m (reported EPS €2.253); comparable net profit was €828.8m and comparable EPS €2.275 (+9.5%). Free cash flow was €712.6m, essentially flat year‑on‑year.

Balance sheet and leverage

Net debt was €1.5bn with net debt to comparable adjusted EBITDA about 1.0x. Total assets €10.65bn and equity €3.30bn at year‑end; capex was €679.3m (≈6.3% of revenue).

Segment performance

All segments posted organic growth: Established markets organic revenue +3.3% (EBIT broadly flat), Developing +12.7% (comparable EBIT +39.6%), Emerging +23.3% (comparable EBIT +13.0%), with Emerging affected by translational FX.

Category drivers

Key growth drivers were Energy (+30.2% volume), Coffee (+23.9%) and Sparkling (+1.5%). Revenue per case rose 10.7% organically, driven by targeted RGM actions and mix.

Capital allocation & shareholder returns

Board to propose a €1.03 ordinary dividend per share (+11% y/y). The group has returned €226m to shareholders via its ongoing buyback programme to date.

2025 guidance and risks

Guidance for 2025: organic revenue growth 6–8% and organic EBIT growth 7–11%. Management expects a €15–35m translational FX headwind to comparable EBIT and flagged continued macro/geopolitical uncertainty.

Sustainability and strategic initiatives

The company continued investments in its 24/7 portfolio, new product launches (e.g., Monster Green Zero Sugar, Finlandia rollout), and sustainability goals — recognised by Dow Jones Best‑in‑Class indices and SBTi approval of net‑zero targets.

Summarized from source with an LLMView Source

Key figures

21.3%1Y

99.2%3Y

83.0%5Y

Performance

23.2%1Y

21.2%3Y

24.2%5Y

Volatility