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Coca-Cola Hbc AG Shares News & Articles

Coca-Cola HBC fizzes 5.5% higher on forecast-beating results and 20% dividend hike

Bottler serves up third year of record profitsMarket share gains, improved marginsBut slower organic growth expected for 2024Coca-Cola HBC (CCH) was the FTSE 100?s best performer in early dealings on Wednesday, shares in the beverages behemoth fizzing 5.5% higher to £23.27 after it served up forecast-beating results for 2023 and delivered a 19.2% dividend hike.Despite a difficult consumer backdro

Coca-Cola HBC delivers strong organic growth, Anheuser Busch InBev surprises with €1 billion buyback

CCH Q3 organic sales up 15%Full year guidance reiteratedAB InBev announces buyback and bond tenderFTSE 100 beverage bottler Coca-Cola HBC (CCH) delivered 15% organic sales growth in the third quarter, despite foreign exchange headwinds, and reiterated its guidance for 'strong' full-year growth in the face of continued macro uncertainties.Although it raised selling prices, the company posted a seco

Why Coca-Cola HBC agreed to acquire premium vodka brand Finlandia for $220 million

Coca-Cola HBC agrees to buy Finlandia for $220 millionLeading vodka brand in Central and Eastern EuropeUnique opportunity to accelerate on-premise business in more marketsSoft drinks bottler Coca-Cola HBC (CCH) said it has agreed to buy the owner of the Finlandia vodka brand from a Brown Foreman Corporation (BF.B:NASDAQ) subsidiary for $220 million subject to regulatory approvals.Shares in the Cok

Nelson Peltz sells £70 million of Unilever shares, plus director deals at InterContinental Hotels and Coca-Cola HBC

- Peltz offloads Unilever shares- IHG's Edgecliffe-Johnson offloads £2 million of stock- Coca Cola HBC directors exercise options before they expire, and sellActivist investor Nelson Peltz has sold £70.8 million worth of Unilever (ULVR) shares held by his Trian investment vehicle, implying his work is done with trying to drive change at the consumer goods company.Peltz has been one of several bi

Find out how Coca-Cola HBC served up robust results with record free cash flow

- Coke bottling behemoth posts forecast-beating profits- Organic sales up 22.7% ex-Russia and Ukraine- Free cash flow reaches record €645.1 millionShares in Coca-Cola HBC (CCH) fizzed up 3.6% to £20.11 after the soft drinks giant delivered a better-than-expected operating profit for the year to December 2022, driven by price hikes and cost-saving initiatives.Despite headwinds including risin
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