London close: Stocks turn red on return from Easter break

2nd Apr 2024 15:22

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

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Coca-Cola HBC buys Irish vending-machine firm BDS

22nd Feb 2024 07:19

(Sharecast News) - Coca-Cola HBC, the Switzerland-based bottling partner of the Coca-Cola Company, has announced it is snapping up an Irish vending-machine business to "unlock profitable opportunities".

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London close: Stocks rise as UK inflation holds steady

14th Feb 2024 15:23

(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.

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Coca-Cola HBC posts record 2023 profits on strong sales

14th Feb 2024 07:21

(Sharecast News) - Coca-Cola HBC on Wednesday posted record profits last year driven by surging sales and volumes for sparkling drinks and coffee combined with costs easing in the second half.

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Coca-Cola HBC CFO Almanzar to step down

15th Jan 2024 17:09

(Sharecast News) - Coca-Cola HBC said on Monday that chief financial officer Ben Almanzar plans to leave the company to take up a new opportunity in North America.

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London close: Stocks slip ahead of FOMC minutes, Autumn Statement

21st Nov 2023 15:19

(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

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Coca-Cola HBC to return up to €400m to shareholders, shares jump

21st Nov 2023 11:09

(Sharecast News) - Coca-Cola HBC shot to the top of the FTSE 100 on Tuesday after announcing the launch of a share buyback programme that will see it return up to €400m to shareholders.

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Coca-Cola HBC reports robust organic growth in third quarter

31st Oct 2023 07:14

(Sharecast News) - Coca-Cola HBC reported a robust third quarter of organic growth on Tuesday, which it attributed to the continued implementation of its '24/7' strategy.

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Director dealings: Hiscox CEO invests; Coca-Cola HBC counsel exercises, sells options

1st Sep 2023 12:56

(Sharecast News) - Hiscox was among those on the list of director buys on Friday, after its chief executive officer added to his holding.

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Coca-Cola lifts earnings guidance after strong June sales

7th Jul 2023 07:09

(Sharecast News) - Coca-Cola HBC on Friday upgraded full year earnings guidance after a stronger than anticipated finish to the first half of the year.

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Coca-Cola HBC to buy Finlandia owner for $220m

19th Jun 2023 07:49

(Sharecast News) - Coca-Cola HBC said on Monday that it has agreed to buy Brown-Forman Finland, owner of the Finlandia vodka brand, for $220m.

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Jefferies lifts Coca-Cola HBC price target

4th May 2023 15:38

(Sharecast News) - Jefferies upped its price target on shares of Coca-Cola Hellenic after the company's first-quarter results, which it said were better than expected.

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Broker tips: Centamin, Coca-Cola HBC

4th May 2023 08:44

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' recommendation and 145p target price for shares of gold miner Centamin following an exploration roundtable with company management the day before.

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Revenue rises 22pc in Coca-Cola HBC's first quarter

3rd May 2023 10:35

(Sharecast News) - Beverage bottler Coca-Cola HBC reported "consistent execution" of its '24/7' strategy in an update on Wednesday, resulting in first quarter organic revenue growth of 22.2%, excluding Russia and Ukraine.

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Coca-Cola HBC posts strong set of 2022 results

14th Feb 2023 07:23

(Sharecast News) - Coca-Cola HBC, a bottling partner of the US-based Coca-Cola Company, reported a "strong" set of results for the year ended 31 December on Tuesday.

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