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Coca-Cola HBC AG (C0Q.F)
- Reuters
Bottler Coca-Cola HBC beats revenue estimate on strong demand
Bottler Coca-Cola HBC beat market forecast for first-quarter revenue on Tuesday, and reiterated that its operating profit will expand further this year, supported by strong demand for its coffee, energy and sparkling drinks. The Switzerland-based company, in which U.S. beverage giant Coca-Cola owns more than 23%, reported a 12.6% rise in organic net sales revenue for the three months ended March 29 to 2.23 billion euros ($2.39 billion). Analysts in a company-compiled consensus had expected an organic revenue growth of 9.5% in the reported quarter.
- Simply Wall St.
Should You Be Excited About Coca-Cola HBC AG's (LON:CCH) 20% Return On Equity?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Zacks
Coca-Cola HBC (CCHGY) Upgraded to Buy: What Does It Mean for the Stock?
Coca-Cola HBC (CCHGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
