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Coca-Cola HBC AG Achieves Strong Financial Growth in 2024

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Coca-Cola HBC AG Achieves Strong Financial Growth in 2024

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The latest update is out from Coca Cola HBC ( (GB:CCH) ).

Coca-Cola HBC AG reported a 13.8% increase in organic revenue for 2024, driven by strategic execution in key categories such as Sparkling, Energy, and Coffee, despite facing FX headwinds in emerging markets. The company achieved notable EBIT growth, improved shareholder returns, and continued investment in strategic priorities, including launching new products and expanding market presence, while being recognized as the most sustainable beverage company globally.

More about Coca Cola HBC

Coca-Cola HBC AG is a growth-focused Consumer Packaged Goods business, acting as a strategic bottling partner for The Coca-Cola Company. It primarily operates in the beverage industry, focusing on categories such as sparkling beverages, energy drinks, coffee, and premium spirits, with a strong emphasis on organic growth and market expansion.

YTD Price Performance: 7.61%

Average Trading Volume: 561,254

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £10.81B

Learn more about CCH stock on TipRanks’ Stock Analysis page.

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