Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Coca-Cola Europacific Partners PLC Announces Results for the Six Months Ended 1 July 2022 By: ACCESSWIRE August 04, 2022 at 02:00 AM EDT UXBRIDGE, ENGLAND / ACCESSWIRE / August 4, 2022 / Coca-Cola Europacific Partners plc H1 2022 Metric[1]As Reported Comparable [1]Change vs H1 2021 Change vs H1 2021As ReportedComparable[1]Comparable FXN [1] Pro forma Comparable [3]Pro forma Comparable FXN[3]Total CCEPVolume (M UC)[2]1,618 1,61832.0 %32.5 % 13.0 % Revenue (€M)8,280 8,28040.0 %40.0 %38.0 % 18.5 %17.0 %Cost of sales (€M)5,288 5,30037.5 %40.0 %38.0 % 20.0 %18.5 %Operating expenses (€M)2,025 1,92930.0 %34.5 %32.5 % 9.5%8.0%Operating profit (€M)967 1,05186.0 %52.0 %50.0 % 31.0 %29.0 %Profit after taxes (€M)675 743174.5%48.5%46.5% Diluted EPS (€)1.46 1.61175.5%48.0%45.5% Revenue per UC (€) 5.05 4.5% 4.5%Cost of sales per UC (€) 3.23 4.5% 5.5% H1 Interim dividend per share[4] (€) 0.56 EuropeVolume (M UC)[2]1,276 1,27614.0 %14.5 % 14.5 % Revenue (€M)6,451 6,45120.0 %20.0 %19.0 % 20.0 %19.0 %Operating profit (€M)741 82546.5 %30.5 %30.0 % 30.5 %30.0 %Revenue per UC (€) 5.03 4.5% 4.5% APIVolume (M UC)[2]342 342222.5%222.5% 7.5% Revenue (€M)1,829 1,829243.0%243.0%229.0% 15.0%10.5 %Operating profit (€M)226 2261,406.5%276.5%260.0% 32.0%26.5 %Revenue per UC (€) 5.12 2.0% 3.5%DAMIAN GAMMELL, CHIEF EXECUTIVE OFFICER, SAID:"We are pleased to have delivered a great first-half. We achieved strong top and bottom-line growth, gained value share and generated solid free cash flow. Key to this was the continued recovery of restaurants, pubs, cafes and bars, a return to travel and tourism for many consumers and a resilient home channel. All underpinned by robust categories and the strength of our customer relationships."Our focus on core brands, leading in-market execution and headline price and mix delivered volume and revenue ahead of 2019. We shared in this success with our retail customers, having delivered more revenue growth for them than any of our peers. And we continued to make progress against our sustainability commitments - using more recycled plastic in our bottles and reducing carbon emissions from our supply chain."We remain confident in the resilience of our categories, despite a more uncertain outlook, given macroeconomic and geopolitical volatility and higher inflation. We continue to actively manage key levers of pricing and promotional spend across our broad pack offering, alongside our focus on efficiency. However, given our strong first-half, we are raising revenue, operating profit and free cash flow guidance for FY22. This demonstrates the strength of our business and ability to deliver continued shareholder value."Note: All footnotes included after the ‘About CCEP' sectionClick on, or paste the following link into your web browser, to view the full announcement text:http://www.rns-pdf.londonstockexchange.com/rns/8546U_1-2022-8-3.pdfThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Coca-Cola Europacific Partners plcView source version on accesswire.com: https://www.accesswire.com/710806/Coca-Cola-Europacific-Partners-PLC-Announces-Results-for-the-Six-Months-Ended-1-July-2022 Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Coca-Cola Europacific Partners PLC Announces Results for the Six Months Ended 1 July 2022 By: ACCESSWIRE August 04, 2022 at 02:00 AM EDT UXBRIDGE, ENGLAND / ACCESSWIRE / August 4, 2022 / Coca-Cola Europacific Partners plc H1 2022 Metric[1]As Reported Comparable [1]Change vs H1 2021 Change vs H1 2021As ReportedComparable[1]Comparable FXN [1] Pro forma Comparable [3]Pro forma Comparable FXN[3]Total CCEPVolume (M UC)[2]1,618 1,61832.0 %32.5 % 13.0 % Revenue (€M)8,280 8,28040.0 %40.0 %38.0 % 18.5 %17.0 %Cost of sales (€M)5,288 5,30037.5 %40.0 %38.0 % 20.0 %18.5 %Operating expenses (€M)2,025 1,92930.0 %34.5 %32.5 % 9.5%8.0%Operating profit (€M)967 1,05186.0 %52.0 %50.0 % 31.0 %29.0 %Profit after taxes (€M)675 743174.5%48.5%46.5% Diluted EPS (€)1.46 1.61175.5%48.0%45.5% Revenue per UC (€) 5.05 4.5% 4.5%Cost of sales per UC (€) 3.23 4.5% 5.5% H1 Interim dividend per share[4] (€) 0.56 EuropeVolume (M UC)[2]1,276 1,27614.0 %14.5 % 14.5 % Revenue (€M)6,451 6,45120.0 %20.0 %19.0 % 20.0 %19.0 %Operating profit (€M)741 82546.5 %30.5 %30.0 % 30.5 %30.0 %Revenue per UC (€) 5.03 4.5% 4.5% APIVolume (M UC)[2]342 342222.5%222.5% 7.5% Revenue (€M)1,829 1,829243.0%243.0%229.0% 15.0%10.5 %Operating profit (€M)226 2261,406.5%276.5%260.0% 32.0%26.5 %Revenue per UC (€) 5.12 2.0% 3.5%DAMIAN GAMMELL, CHIEF EXECUTIVE OFFICER, SAID:"We are pleased to have delivered a great first-half. We achieved strong top and bottom-line growth, gained value share and generated solid free cash flow. Key to this was the continued recovery of restaurants, pubs, cafes and bars, a return to travel and tourism for many consumers and a resilient home channel. All underpinned by robust categories and the strength of our customer relationships."Our focus on core brands, leading in-market execution and headline price and mix delivered volume and revenue ahead of 2019. We shared in this success with our retail customers, having delivered more revenue growth for them than any of our peers. And we continued to make progress against our sustainability commitments - using more recycled plastic in our bottles and reducing carbon emissions from our supply chain."We remain confident in the resilience of our categories, despite a more uncertain outlook, given macroeconomic and geopolitical volatility and higher inflation. We continue to actively manage key levers of pricing and promotional spend across our broad pack offering, alongside our focus on efficiency. However, given our strong first-half, we are raising revenue, operating profit and free cash flow guidance for FY22. This demonstrates the strength of our business and ability to deliver continued shareholder value."Note: All footnotes included after the ‘About CCEP' sectionClick on, or paste the following link into your web browser, to view the full announcement text:http://www.rns-pdf.londonstockexchange.com/rns/8546U_1-2022-8-3.pdfThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Coca-Cola Europacific Partners plcView source version on accesswire.com: https://www.accesswire.com/710806/Coca-Cola-Europacific-Partners-PLC-Announces-Results-for-the-Six-Months-Ended-1-July-2022
UXBRIDGE, ENGLAND / ACCESSWIRE / August 4, 2022 / Coca-Cola Europacific Partners plc H1 2022 Metric[1]As Reported Comparable [1]Change vs H1 2021 Change vs H1 2021As ReportedComparable[1]Comparable FXN [1] Pro forma Comparable [3]Pro forma Comparable FXN[3]Total CCEPVolume (M UC)[2]1,618 1,61832.0 %32.5 % 13.0 % Revenue (€M)8,280 8,28040.0 %40.0 %38.0 % 18.5 %17.0 %Cost of sales (€M)5,288 5,30037.5 %40.0 %38.0 % 20.0 %18.5 %Operating expenses (€M)2,025 1,92930.0 %34.5 %32.5 % 9.5%8.0%Operating profit (€M)967 1,05186.0 %52.0 %50.0 % 31.0 %29.0 %Profit after taxes (€M)675 743174.5%48.5%46.5% Diluted EPS (€)1.46 1.61175.5%48.0%45.5% Revenue per UC (€) 5.05 4.5% 4.5%Cost of sales per UC (€) 3.23 4.5% 5.5% H1 Interim dividend per share[4] (€) 0.56 EuropeVolume (M UC)[2]1,276 1,27614.0 %14.5 % 14.5 % Revenue (€M)6,451 6,45120.0 %20.0 %19.0 % 20.0 %19.0 %Operating profit (€M)741 82546.5 %30.5 %30.0 % 30.5 %30.0 %Revenue per UC (€) 5.03 4.5% 4.5% APIVolume (M UC)[2]342 342222.5%222.5% 7.5% Revenue (€M)1,829 1,829243.0%243.0%229.0% 15.0%10.5 %Operating profit (€M)226 2261,406.5%276.5%260.0% 32.0%26.5 %Revenue per UC (€) 5.12 2.0% 3.5%DAMIAN GAMMELL, CHIEF EXECUTIVE OFFICER, SAID:"We are pleased to have delivered a great first-half. We achieved strong top and bottom-line growth, gained value share and generated solid free cash flow. Key to this was the continued recovery of restaurants, pubs, cafes and bars, a return to travel and tourism for many consumers and a resilient home channel. All underpinned by robust categories and the strength of our customer relationships."Our focus on core brands, leading in-market execution and headline price and mix delivered volume and revenue ahead of 2019. We shared in this success with our retail customers, having delivered more revenue growth for them than any of our peers. And we continued to make progress against our sustainability commitments - using more recycled plastic in our bottles and reducing carbon emissions from our supply chain."We remain confident in the resilience of our categories, despite a more uncertain outlook, given macroeconomic and geopolitical volatility and higher inflation. We continue to actively manage key levers of pricing and promotional spend across our broad pack offering, alongside our focus on efficiency. However, given our strong first-half, we are raising revenue, operating profit and free cash flow guidance for FY22. This demonstrates the strength of our business and ability to deliver continued shareholder value."Note: All footnotes included after the ‘About CCEP' sectionClick on, or paste the following link into your web browser, to view the full announcement text:http://www.rns-pdf.londonstockexchange.com/rns/8546U_1-2022-8-3.pdfThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Coca-Cola Europacific Partners plcView source version on accesswire.com: https://www.accesswire.com/710806/Coca-Cola-Europacific-Partners-PLC-Announces-Results-for-the-Six-Months-Ended-1-July-2022