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.
Read moreCiti stays at neutral for CCH, cites lower multiple for Russia profits
9th Nov 2022 11:55
(Sharecast News) - Analysts at Citi kept their recommendation for shares of Coca-Cola HBC at 'neutral'.
Read moreCoca-Cola HBC raises earnings outlook after strong summer
8th Nov 2022 07:46
(Sharecast News) - Soft drinks bottler Coca-Cola HBC raised full year earnings guidance on Tuesday as it reported a boost to revenue from rising prices in the third quarter.
Read moreCiti hikes target on CCH but stays at 'neutral' on limited visibility for 2023
15th Aug 2022 11:15
(Sharecast News) - Analysts at Citi hailed Coca Cola HBC's first half numbers, hiking their target price for the shares in the process.
Read moreDeutsche Bank hikes target price on Coca-Cola HBC
12th Aug 2022 15:54
(Sharecast News) - Analysts at Deutsche Bank raised their target price on bottling company Coca-Cola HBC from 2,525.0p to 2,600.0p on Friday, stating the stock was "still going cheap" despite recent strong growth.
Read moreCoca-Cola HBC H1 profits drop despite revenue growth
11th Aug 2022 07:52
(Sharecast News) - Bottling group Coca-Cola HBC said on Thursday that revenues had grown in the six months ended 1 July but contracting margins had led to a drop in interim profits.
Read moreCoca-Cola HBC to acquire ESM Effervescent Sodas
9th Aug 2022 07:07
(Sharecast News) - Beverage company Coca-Cola Hellenic Bottling has agreed to acquire ESM Effervescent Sodas from Greece's IDEAL Holdings' wholly-owned SICC Holdings subsidiary.
Read moreDeutsche Bank raises target price on Coca-Cola Hellenic
13th Jul 2022 09:37
(Sharecast News) - Analysts at Deutsche Bank raised their target price on Coca-Cola Hellenic from 2,475.0p to 2,525.0p on Wednesday, stating they were expecting "another solid release" from the firm.
Read moreJefferies ups Coca-Cola HBC to 'buy'
13th May 2022 12:07
(Sharecast News) - Jefferies upgraded Coca-Cola HBC to 'buy' from 'hold' on Friday and lifted the price target to 2,000p from 1,800p, as it said that although there is still no visibility on the endgame for Russia/Ukraine, it has more confidence in the underlying earnings prospects of the business.
Read moreCoca-Cola HBC weighing all options on Russia business
12th May 2022 09:31
(Sharecast News) - Bottling firm Coca-Cola HBC said it was evaluating all options for its Russian operations and would have a smaller presence in the country after the US drinks company Coca-Cola suspended operations in response to the invasion of Ukraine.
Read moreCoca-Cola HBC pulls guidance after Ukraine invasion
3rd Mar 2022 10:08
(Sharecast News) - Drinks bottler Coca-Cola HBC pulled its guidance for the year in response to the Ukraine situation on Thursday, adding that it was in "constant contact" with its staff in both Ukraine and Russia.
Read moreCoca-Cola HBC tops profit expectations as volume surges
22nd Feb 2022 07:35
(Sharecast News) - Drinks bottler Coca-Cola HBC reported a 13% improvement in volume in its 2021 results on Tuesday, to 2.41 billion unit cases, as net sales revenue improved 16.9% to €7.17bn (£5.98bn).
Read moreCoca-Cola HBC sees 'sharp acceleration' on pre-Covid revenue
3rd Nov 2021 08:01
(Sharecast News) - Drinks bottler Coca-Cola HBC reported 17.1% currency-neutral revenue growth in its third quarter on Wednesday, and a "sharp acceleration" on a two-year basis, closing 16.8% higher than the third quarter of 2019, pre-pandemic, or 8.9% ahead year-to-date on a like-for-like basis.
Read moreTuesday broker round-up
17th Aug 2021 14:02
(Sharecast News) - Future: ShoreCap stays at buy; Deutsche Bank keeps at buy and raises target price from 3,802.0p to 4,138.0p.
Read moreCoca-Cola HBC reports strong first half, acquires Egypt bottler
12th Aug 2021 08:05
(Sharecast News) - Drinks bottling company Coca-Cola HBC reported "strong momentum" across all of its segments in its first half update on Thursday, with first half currency-neutral revenue growth of 23.1% on a like-for-like basis, and reported revenues ahead 14.7% to €3.25bn (£2.75bn).
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