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Coca-Cola HBC pre tax profit rose to 400.4m euros

Christian Fernsby ▼ | February 13, 2020
Coca-Cola HBC reported a rise profit led growth in its core sparkling drinks business.
Coca-Cola HBC
Coca-Cola HBC   Established markets revenue increased 1.3%
For the year ended 31 December 2019, pre tax profit rose to €400.4m from €320.8m as revenue rose 4.4%, with volume up 3.3%.

Topics: Coca-Cola

Established markets revenue increased 1.3%, developing markets volumes rose 4.2% and emerging markets volumes increased 7.1%.

Sparkling beverages volume grew 3.5%.

The company said it expected to deliver full-year FX-neutral revenue growth in a range of 4.0% to 4.5%.

'Overall, we expect volume to continue to grow in all three segments,' the company said.