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Coca-Cola HBC sees FY performance at top end of guidance after 'strong' H1
(Sharecast News) - Coca-Cola HBC said on Wednesday that its full-year performance was set to be at the top end of guidance as it hailed "strong" first-half results, with particular strength in emerging markets. In the six months to 27 June, operating profit (EBIT) rose 13.9% to €644.6m, with net profit 23.3% higher at €470.6m. Net sales revenue grew 8.6% to €5.6bn.
For 2025, the company expects to deliver at the top end of its guided ranges for organic revenue growth of 6% to 8% and organic EBIT growth of 7% to 11%.
Chief executive Zoran Bogdanovic said: "As we progress into the second half of the year, our teams continue to raise the bar to execute with excellence, leveraging our targeted in-market plans and the strength of our portfolio.
"We are mindful of what is a challenging and unpredictable macroeconomic and geopolitical environment but given our strong start to the year, we now expect to deliver growth in organic revenue and EBIT at the top end of our guided ranges for 2025."
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