Welcome to our dedicated page for Coca-Cola Europacific Partners Plc news (Ticker: CCEP), a resource for investors and traders seeking the latest updates and insights on Coca-Cola Europacific Partners Plc stock.
Coca-Cola Europacific Partners Plc (CCEP) provides centralized access to official company announcements and market-relevant updates. This resource aggregates press releases, financial disclosures, and strategic developments from one of the world’s largest beverage bottlers.
Investors and industry observers will find timely updates on earnings results, sustainability initiatives, and supply chain innovations. All content is sourced directly from CCEP communications to ensure accuracy and compliance with financial reporting standards.
The archive includes detailed coverage of quarterly financial performance, manufacturing expansions, and partnership developments within the Coca-Cola system. Regular updates reflect CCEP's operations across 13 countries, emphasizing its role in beverage distribution and environmental stewardship programs.
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Coca-Cola Europacific Partners plc (CCEP) has announced solid first-half results for 2024, reaffirming its full-year guidance. Key highlights include:
- Revenue increased by 9.5% to €9,828 million
- Comparable operating profit grew by 11.2% to €1,296 million
- Comparable diluted EPS rose by 6.7% to €1.97
- Comparable free cash flow reached €539 million
- Interim dividend per share set at €0.74
CEO Damian Gammell noted the company's strong performance in Asia Pacific, particularly in the Philippines, which offset softer volumes in Europe due to adverse weather. CCEP continues to focus on revenue growth management, pricing strategies, and productivity to drive profitable growth and remain competitive in resilient categories.
Coca-Cola Europacific Partners (CCEP) has announced the appointment of Ed Walker as Chief Financial Officer (CFO), effective July 1, 2024. Ed Walker, who has been with CCEP since its formation and has over 30 years of finance leadership experience, will replace outgoing CFO Nik Jhangiani. Ed's extensive background includes roles as Group Controller of CCEP and CFO of the Coca-Cola bottler in Canada. The transition period will be supported by Nik Jhangiani until August 2024 and CCEP's half-year results.
CEO Damian Gammell praised Ed Walker's broad finance experience within the Coca-Cola system and expressed confidence in his ability to drive the business forward. Ed Walker expressed excitement about his new role and his commitment to working collaboratively with the team to achieve shared goals.
Coca-Cola Europacific Partners (CCEP) announces the resignation of their Chief Financial Officer, Nik Jhangiani, who is set to join Diageo plc later this year. The search for his successor is already in progress, with strong candidates identified. The current CFO will ensure a smooth transition before departing.
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