Coca-Cola Europacific Partners Sees 1st Half Operating Profit Growth
16 Febrero 2023 - 2:36AM
Noticias Dow Jones
By Anthony O. Goriainoff
Coca-Cola Europacific Partners PLC said Thursday that it expects
operating profit growth in the low single digits for the first half
of 2023 as it reported a 2022 rise in pretax profit and
revenue.
The London-listed bottling company said it expected the cost of
sales per unit case increase to be weighted more to the year's
first half.
Pretax profit for 2022 was 1.96 billion euros ($2.09 billion)
compared with EUR988 million for 2021, the company said.
Operating profit was EUR2.09 billion, up from 2021's EUR1.52
billion.
Revenue rose to EUR17.32 billion from EUR13.76 billion the year
prior. Revenue per unit case--a key metric for the company--was up
6%. The company said this reflected a positive pack and channel mix
driven by the recovery of the away-from home segment as well as
"promotional optimization and favorable headline price following
the successful implementation of dynamic headline pricing
strategies across our markets."
Comparable revenue growth for 2023 is expected at 6% to 8%
driven by price and mix, with comparable operating profit growth of
6% to 7%, it said.
"Our clear strategy, strong brand partner relationships and
great people will ensure we continue to create sustainable value
for all our stakeholders," it said.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
February 16, 2023 03:21 ET (08:21 GMT)
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