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Coca Cola HBC Sees Strong Forex-Neutral Rev Recovery In 2021
Coca Cola HBC AG Says Ben Almanzar Will Be Appointed CFO With Effect From 1 April 2021
Coca-Cola HBC AG Names Naya Kalogeraki Chief Operating Officer
Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. The Company's segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine. The Company produces, sells and distributes beverage brands. The Company markets Coca-Cola, Coca-Cola Zero, Coca-Cola Light, Fanta and Sprite, as well as water, juice and energy drinks.
Anastassis G. David
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Group Chief Financial Officer
Chief Information Officer
General Counsel, Company Secretary and Director of Strategic Development
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Soft drink bottler Coca-Cola HBC on Thursday raised its dividend and said it expects 2021 revenue to bounce back strongly as at-home demand cushions a hit to consumption in hotels and restaurants during COVID-19 restrictions.
Coca Cola HBC <CCH.L> said it will be raising its advertising spending in 2021 to target returning events as a rebound in demand from restaurants helped the soft drinks bottler beat third-quarter sales estimates on Wednesday.
Soft drinks bottler Coca Cola HBC AG <CCH.L> on Wednesday posted a drop in first-half profit due to coronavirus-led closures of restaurants, cinemas and other public places, while saying sales had recovered some momentum from April lows as lockdowns eased.
Soft drinks bottler Coca Cola HBC AG said on Wednesday its performance recovered steadily from April lows as its markets gradually reopened from coronavirus-led lockdowns.
* CCH NAMES NAYA KALOGERAKI CHIEF OPERATING OFFICER Source text for Eikon: Further company coverage:
* COCA COLA HBC - Q1 FX-NEUTRAL REVENUE DECLINED BY -1.2%, OR -0.5% ADJUSTED FOR TRADING DAYS AND BAMBI
Soft drinks bottler Coca Cola HBC AG <CCH.L> on Thursday said sales in April fell by more than a third as fast-food chains, theatres and other public arenas stayed shut to limit the spread of the new coronavirus during stay-at-home orders.
Rival bottlers Coca Cola HBC <CCH.L> and Coca-Cola European Partners (CCEP) <CCEPC.L> reported solid rises in annual profit on Thursday, with HBC also forecasting a faster growth in volume across its segments in 2020.
Soft drink bottler Coca Cola HBC on Thursday reported a higher annual operating profit and said it expects a faster growth in volume across its segments in 2020.
(This September 18 story has been refiled to clarify second paragraph.)
Swiss-based soft drink bottler Coca-Cola HBC's <CCH.L> first-half operating profit missed analyst expectations on Thursday, dragged down by higher costs, sluggish growth in its established markets and an unseasonable cool start to the European summer.
Swiss-based soft drink bottler Coca Cola HBC AG reported a rise in first-half net sales on Thursday, driven by greater demand in Nigeria and other emerging markets in eastern Europe along with warm weather in the second half of June.
Soft drink bottler Coca-Cola HBC AG <CCH.L> said on Thursday it will launch Costa Coffee products in several markets next year, months after Coca-Cola Co <KO.N> bought the cafe chain from Whitbread <WTB.L> in a $5.1 billion deal.
London's main index edged lower on Thursday, led by steep falls in shares of IAG and Coca Cola HBC, which traded ex-dividend, while several investors stayed on the sidelines in lieu of a U.S. market holiday.
Coca-Cola's leading bottler Coca Cola HBC AG said on Monday it expects annual revenue growth over the next six years at around 6%, while pointing to margin growth below estimates for fiscal year 2020.
Coca-Cola's leading bottler Coca Cola HBC AG expects revenue annual growth over the next six years at around 6%.
** Bottling company Coca Cola HBC AG's shares down 7.3 pct at 2,651 pence - biggest loser on the FTSE blue chip index, on track for worst day since Feb
Canadian retail operator Hudson's Bay Co said on Monday that it was pursuing strategic alternatives such as a sale or merger for its department store Lord + Taylor, which has struggled to attract shoppers.
Coca-Cola HBC AG reported higher first-quarter sales on Thursday, underpinned by strong demand in emerging markets, and the bottling company said it was looking for deals to expand its business.
Soft drink bottler Coca Cola HBC AG reported a 4.4 percent rise in first-quarter net sales revenue on Thursday, driven by strong demand in its largest emerging market segment.
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