Coca-Cola Europacific Partners Raises Full-Year Revenue

By: Trademagazin editor Date: 2022. 08. 04. 09:43

Coca-Cola Europacific Partners has said that it expects pro forma comparable revenue growth of 11% to 13% for the full year, up from its previous forecast of 8% to 10%. In addition, the group expects operating profit to grow 9% to 11% for the full-year period, up from its previous forecast of 6% to 9% growth.

The group expects operating profit to grow 9% to 11% for the full-year period

The improved outlook follows what the company described as a ‘great’ first half of the year, in which revenue rose 40% (+17.0% on a pro forma basis), due to the acquisition of the Coca-Cola Amatil business.

Operating profit for the first half of the year was 86% higher (+29.0% on a pro forma basis), again reflecting the Coca-Cola Amatil business, along with increased revenue per unit case, the group said.

European Supermarket Magazine