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Coca Cola HBC AG (CCH.L)

CCH.L on London Stock Exchange

2,458.00GBp
26 Apr 2018
Change (% chg)

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2,458.00
Open
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Avg. Vol
775,283
52-wk High
2,711.00
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2,136.00

Latest Key Developments (Source: Significant Developments)

Coca-Cola HBC sees some price increases due to inflation
Wednesday, 14 Feb 2018 03:19am EST 

Feb 14 (Reuters) - Coca Cola Hbc Ag ::COCA-COLA HBC CEO SEES OPPORTUNITIES FOR PRICE INCREASES IN EUROPE, EXCLUDING RUSSIA, DUE TO INFLATION.COCA-COLA HBC CEO SAYS IN RUSSIA, MODERATING INFLATION WILL LIMIT PRICE INCREASES, BUT COULD HELP VOLUME.COCA-COLA HBC CEO SAYS DECLINES TO COMMENT ON SALE PROCESS FOR COCA-COLA BOTTLING ASSETS IN AFRICA.COCA-COLA HBC CEO SEES INFLATION IN NIGERIA STAYING AROUND MID-TEEN LEVEL.  Full Article

Coca-Cola planning to close manufacturing site in Milton Keynes - Sky News‍
Wednesday, 31 Jan 2018 08:30am EST 

Jan 31 (Reuters) - :COCA-COLA ANNOUNCED PLANS TO CLOSE MANUFACTURING SITE IN MILTON KEYNES, DISTRIBUTION CENTRE IN NORTHAMPTON WHICH WILL IMPACT ABOUT 300 JOBS‍​ - SKY NEWS‍.  Full Article

Coca-Cola HBC AG Appoints Zoran Bogdanovic As CEO
Thursday, 7 Dec 2017 02:00am EST 

Dec 7 (Reuters) - Coca Cola Hbc Ag ::APPOINTMENT OF CHIEF EXECUTIVE OFFICER.‍APPOINTMENT OF CHIEF EXECUTIVE OFFICER​.ANNOUNCES APPOINTMENT OF ZORAN BOGDANOVIC AS COMPANY'S NEW CHIEF EXECUTIVE OFFICER WITH IMMEDIATE EFFECT​.‍SUCCEEDS DIMITRIS LOIS WHO PASSED AWAY IN OCTOBER​.  Full Article

Coca Cola HBC AG says Q3 FX-neutral revenue growth of 6.0 pct
Thursday, 9 Nov 2017 02:00am EST 

Nov 9 (Reuters) - COCA COLA HBC AG ::‍Q3 FX-NEUTRAL REVENUE GROWTH OF 6.0%​.STRONG QUARTER FOR VOLUME GROWTH, UP 3.4%, WITH GOOD BROAD-BASED IMPROVEMENTS FROM ALL THREE SEGMENTS​.FX-NEUTRAL REVENUE PER CASE GROWTH OF 2.5% IN QUARTER, WITH CONTINUING PROGRESS IN ALL THREE SEGMENTS​.‍BOARD OF DIRECTORS HAS A SUCCESSION PLAN FOR CEO POSITION AND THERE IS A THOROUGH PROCESS UNDER WAY​.  Full Article

Coca Cola HBC AG ‍announces death of CEO, Dimitris Lois
Tuesday, 3 Oct 2017 02:00am EDT 

Oct 3 (Reuters) - COCA COLA HBC AG ::‍ANNOUNCES WITH DEEP SADNESS DEATH OF ITS CEO, DIMITRIS LOIS, ON 2 OCTOBER 2017​.‍MICHALIS IMELLOS WILL CONTINUE IN ROLE OF ACTING CEO​.  Full Article

Coca-Cola HBC CEO to take temporary leave of absence for medical treatment
Friday, 15 Sep 2017 02:01am EDT 

Sept 15 (Reuters) - Coca Cola HBC AG :‍ceo, dimitris lois, will be taking a temporary leave of absence from company in order to undergo treatment for a medical condition​.‍currently expected to be on leave for approximately four months​.‍dimitris will stay involved in business and he will remain a member of board of directors​.‍michalis imellos, coca-cola hbc's cfo, will serve as acting ceo during dimitris's absence​.  Full Article

Coca Cola HBC Lithuania unit to sell 50 pct Neptunas stake to Coca-Cola Co
Friday, 16 Sep 2016 08:42am EDT 

Coca Cola HBC AG : CCHBC Lithuania has entered into a binding agreement for sale of 50 pct of Neptunas' share capital to Coca-Cola Company . Deal is expected to complete in Q4 of 2016 .Says the consideration for transaction is approximately 10 mln euros.  Full Article

Coca-Cola HBC comments on outlook, investment
Thursday, 11 Aug 2016 03:34am EDT 

Coca-Cola HBC: CEO says expects volume to improve in 2h, helped by one additional selling day and new marketing plans . CEO says Nigeria sales should still grow mid-to-high single-digit rate this year, as conditions normalise following naira devaluataion . Says to spend 48 million euros this year in restructuring, up from prior target of 35 million euros .Says pulling spending in Russia, Nigeria forward to '16 instead of '17.  Full Article

Coca Cola HBC Ag reiterates mid-term targets
Monday, 6 Jun 2016 07:00am EDT 

Coca Cola Hbc Ag : Hosting an investor event in London today, 6 June 2016, where management will present to investors and analysts on group's medium-term strategy . Will be discussing our plans to promote volume and value growth, and further improvements to operational efficiency . Reiterate our capital expenditure target as 5.5-6.5 pct of net sales revenue and commitment to maintaining negative working capital balance sheet position . Medium-Term growth targets include average annual revenue growth rate in range 4-5 pct on a currency-neutral basis . Looking ahead, we expect an improving external environment to support growth in our markets over period to 2020 . Medium-Term growth targets include a reduction in comparable operating expenses as a percentage of net sales revenue to 26-27 pct .Medium term growth targets include- comparable EBIT 1 margin improvement to 11 pct (2015: 7.5 pct).  Full Article

New Argen Hldgs says intends to sell up to 5.4 mln shares in Coca Cola HBC
Monday, 23 May 2016 11:53am EDT 

New Argen Holdings Limited : Intended sale of ordinary shares in Coca Cola HBC AG by New Argen Holdings Limited . Announces that it intends to offer for sale up to approximately 5.4 million existing ordinary shares of Coca Cola HBC AG . Credit Suisse Securities (Europe) Limited has been appointed as sole global coordinator and sole bookrunner in respect of placing .Placing will take place via an accelerated bookbuild, which will be launched with immediate effect.  Full Article

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Russia lawmakers draft list of U.S. imports that could be banned

MOSCOW Russia's lower house of parliament is to consider draft legislation that would give the Kremlin powers to ban or restrict a list of U.S. imports, reacting to new U.S. sanctions on a group of Russian tycoons and officials.