Welcome to our dedicated page for Coca-Cola Europacific Partners news (Ticker: CCEP), a resource for investors and traders seeking the latest updates and insights on Coca-Cola Europacific Partners stock.
Coca-Cola Europacific Partners plc reports recurring developments as a multinational consumer goods company that makes, moves and sells beverages across Europe, Australia, the Pacific, Southeast Asia and related markets. Company updates focus on volume, revenue per unit case, pricing, promotional activity, pack and brand mix, customer execution and performance across its Europe and APS segments.
CCEP news also includes annual and interim results, trading updates, dividends, share buyback activity, capital markets communications, AGM materials and governance announcements. Recurring business themes include relationships with brand partners and customers, productivity programs, investment in technology and route-to-market capabilities, and the company’s beverage portfolio across growing non-alcohol ready-to-drink categories.
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Coca-Cola Europacific Partners (CCEP) recently released its Q1 2023 Trading Update, showcasing a strong start to the year. The company reported:
- Revenue of €4,154 million, reflecting a growth of 12.0% and 14.0% on a fx-neutral basis.
- Comparable volume growth at 4.0%, driven by a robust performance in both the home and away-from-home channels.
- Interim dividend of €0.67 per share, with an annual payout ratio targeted at 50%.
CCEP reaffirms its FY23 guidance, expecting revenue growth of 6-8% and operating profit growth of 6-7%, amid ongoing uncertainties in market conditions.