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Coca-Cola HBC Reports 'Strong' First Half Results
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ESM Magazine
Bottler Coca-Cola HBC has reported a 'strong' first half performance driven by consistent execution of strategic priorities.
Coca-Cola HBC delivered organic revenue growth of 9.9%, while organic volume increased by 2.6%, boosted by the sparkling segment (up 2.3%) and the energy segment (up 30.0%), with notable strength in emerging markets.
Organic revenue per case increased by 7.2%, driven by targeted revenue growth management initiatives, the company added.
ADVERTISEMENTThe developing segment saw organic revenue growth of 6.4%, while organic EBIT fell 0.6% on tough comparatives.
The emerging segment experienced a 17.4% growth in organic revenue, with organic EBIT increasing by 31.3%.
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