Strong Full Year Performance
CCEP delivered a revenue of €20.7 billion for the year, with an increase of 3.5%, in line with guidance. The company also achieved operating profit growth of 8% on a comparable basis.
Impressive Free Cash Flow and Shareholder Returns
CCEP generated comparable free cash flow of €1.8 billion and announced a new €1 billion share buyback program.
Philippines Market Success
The Philippines delivered double-digit volume growth and nearly 300 basis points of value share gains, with a record high 75% Sparkling and 50% NARTD share.
Sustainability Achievements
CCEP retained its inclusion on CDP’s A List for Climate for the ninth year and maintained its MSCI AAA ESG rating.
Strong Performance in APS Markets
APS markets showed a robust performance with volumes up 4.9%, driven by the Philippines and growth in the Pacific Islands and Papua New Guinea.