Singapore markets open in 1 hour 35 minutes

Coca-Cola HBC AG (CCH.L)

LSE - LSE Delayed Price. Currency in GBp
Add to watchlist
1,927.00-6.00 (-0.31%)
At close: 4:38PM BST
Full screen
Loading interactive chart…
  • European Coke bottler sees signs of recovery after first-half profits slide
    Reuters

    European Coke bottler sees signs of recovery after first-half profits slide

    The company, which bottles and sells Coca-Cola Co <KO.N> drinks in 28 countries, said comparable operating profit fell 35.8% to 208.8 million euros ($246.49 million) for the six months ended June 26, beating company-supplied consensus of 191.7 million euros. HBC said out-of-home volumes - which include sales at hotels, restaurants and cafes - during the initial weeks of lockdowns fell by 70%-90% but improved to declines of 25%-50% in May and June and 10%-40% in July. HBC said it expects a negative impact for 2020 due to weaker consumer environment and tourist season, as well as the risk of a second coronavirus wave.