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Coca Cola HBC AG (CCH.L)

CCH.L on London Stock Exchange

3,000.00GBp
9:44pm IST
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14.00 (+0.47%)
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Latest Key Developments (Source: Significant Developments)

Coca Cola HBC Sees 5-6% Avg Currency-Neutral Rev Growth Up To 2025
Monday, 3 Jun 2019 

June 3 (Reuters) - Coca Cola HBC AG ::WILL BE SETTING OUT NEW FINANCIAL AND OPERATIONAL TARGETS TO COVER PERIOD UP TO 2025.SEES AVERAGE ANNUAL REVENUE GROWTH RATE IN RANGE OF 5.0-6.0% ON A CURRENCY-NEUTRAL BASIS (2018: 6.0%) FOR PERIOD UP TO 2025.SEES COMPARABLE EBIT MARGIN OF 11% BY 2020, AND AN IMPROVEMENT OF 20 TO 40BPS A YEAR ON AVERAGE BEYOND THAT (2018: 10.2%).  Full Article

Coca-Cola HBC's Qtrly FX-Neutral Rev/Case Rose 1.1 Pct
Thursday, 2 May 2019 

May 2 (Reuters) - Coca Cola HBC AG ::A STRONG FIRST QUARTER.QTRLY VOLUMES INCREASED BY 3.5 PCT, AN ACCELERATION FROM PRIOR YEAR Q1 .QTRLY FX-NEUTRAL REVENUE PER CASE INCREASED BY 1.1 PCT.QTRLY VOLUME 469.2 MILLION UNIT CASES VERSUS 453.2 MILLION UNIT CASES AS REPORTED A YEAR EARLIER.QTRLY NET SALES REVENUE 1,412.6 MILLION EUROS VERSUS 1,353 MILLION EUROS AS REPORTED A YEAR EARLIER.BOARD IS PROPOSING A SPECIAL DIVIDEND OF EUR 2.00 PER SHARE, AMOUNTING TO A TOTAL OF APPROXIMATELY EUR 730 MILLION.COCA COLA HBC CEO SAYS "WE HAVE STARTED YEAR WELL, DELIVERING SOLID GROWTH IN REVENUES DESPITE IMPACT OF THIS YEAR'S LATE EASTER".QTRLY VOLUME EXPANSION WAS DRIVEN BY ONGOING GROWTH IN SPARKLING.SHIFT OF TIMING OF EASTER NEGATIVELY IMPACTED VOLUME GROWTH BY 90 BASIS POINTS IN QUARTER.  Full Article

Coca Cola HBC Increases, Extension Of Syndicated Multi-Currency Revolving Credit Facility
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Coca Cola HBC AG ::CO & COCA-COLA HBC FINANCE B.V. ANNOUNCE INCREASE AND EXTENSION OF SYNDICATED MULTI-CURRENCY REVOLVING CREDIT FACILITY.EUR 500 MILLION REVOLVING CREDIT FACILITY, WHICH WAS SET TO EXPIRE IN JUNE 2021, INCREASED TO EUR 800 MILLION & EXTENDED TO APRIL 2024.  Full Article

Coca-Cola HBC buys Serbian confectionary business Bambi
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Coca Cola HBC AG ::COCA-COLA HBC AG - ACQUIRES SERBIA'S LEADING CONFECTIONERY BRAND.COCA COLA HBC AG - ANNOUNCES ACQUISITION OF BAMBI BUSINESS FROM FUNDS ADVISED BY MID EUROPA PARTNERS.COCA COLA HBC AG - PROPOSED DEAL FOR EUR 260 MILLION,.COCA COLA HBC AG - COMPLETION OF ACQUISITION IS EXPECTED IN Q2 OF 2019 AND IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND REGULATORY APPROVALS.  Full Article

Coca Cola HBC FY Rev Up 2.1 Pct To 6.7 Bln Euros
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Coca Cola HBC AG ::FY REVENUE ROSE 2.1 PERCENT TO 6.7 BILLION EUR.FY NET SALES REVENUE UP 6.0% ON AN FX-NEUTRAL BASIS; REPORTED NET SALES REVENUE INCREASED BY 2.1%.FY COMPARABLE EBIT UP 9.6% TO EUR 680.7 MILLION.BOARD OF DIRECTORS PROPOSES A EUR 0.57 DIVIDEND PER SHARE, A 5.6% INCREASE ON 2017 DIVIDEND IN FY.SEES ADJUSTED EBITDA, COMPARABLE ADJUSTED EBITDA TO INCREASE IN 2019 AS OPERATING LEASE EXPENSE WILL BE REPLACED BY DEPRECIATION AND INTEREST..EXPECT CAPITAL EXPENDITURE TO INCREASE IN 2019.ECONOMIC GROWTH IN 2019 IS FORECAST TO SLOW DOWN IN A NUMBER OF OUR MARKETS.FOR 2019, IDENTIFIED RESTRUCTURING INITIATIVES OF APPROXIMATELY EUR 33 MILLION.  Full Article

Coca-Cola HBC AG Commences Share Purchase Programme For Up To 7.5 Mln Shares
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Coca Cola HBC AG ::COMMENCEMENT OF SHARE PURCHASE PROGRAMME.WILL COMMENCE A SHARE PURCHASE PROGRAMME FOR UP TO 7.5 MILLION OF ITS ORDINARY SHARES OF 6.70 CHF EACH.MAXIMUM AMOUNT ALLOCATED TO SHARE PURCHASE PROGRAMME IS 225 MILLION STG, MAXIMUM NUMBER OF ORDINARY SHARES TO WILL BE PURCHASED IS 7.5 MILLION.  Full Article

Coca-Cola HBC AG Appoints Zoran Bogdanovic As CEO
Thursday, 7 Dec 2017 

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 

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

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Coca Cola HBC targets up to 6% annual revenue growth for next six years

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.