Edition:
India

Coca Cola HBC AG (CCH.L)

CCH.L on London Stock Exchange

2,584.00GBp
18 May 2018
Change (% chg)

10.00 (+0.39%)
Prev Close
2,574.00
Open
2,579.00
Day's High
2,597.00
Day's Low
2,574.00
Volume
554,350
Avg. Vol
790,105
52-wk High
2,711.00
52-wk Low
2,176.00

Latest Key Developments (Source: Significant Developments)

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

Coca Cola HBC Lithuania unit to sell 50 pct Neptunas stake to Coca-Cola Co
Friday, 16 Sep 2016 

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 

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 

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

UPDATE 1-UK Stocks-Factors to watch on May 10

May 10 Britain's FTSE 100 index is seen adding 0.2 percent on Thursday, according to financial bookmakers, with futures up 0.6 percent ahead of the cash market open.