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Coca‑Cola HBC reports 5,7% jump in revenue growth

10 August 17 - RE+D Magazine
Coca‑Cola HBC reports 5,7% jump in revenue growth

COMPANIES

NAI Hellas

Consultant - GREECE

PROPRIUS

Consultant - GREECE

PEOPLE

Coca‑Cola HBC AG, reported its financial results for the six months ended 30 June 2017.

 

According to the company’s statement revenue growth accelerated in the second quarter, up 5.7% for the first half on an FX-neutral basis and 5.6% on a reported basis.

Volume grew by 1.4% in the first half, with growth in all segments. Operating leverage resulted in a 40 basis point reduction in comparable operating expenses as percentage of net sales revenue.

Comparable earnings per share was €0.576 – a 38.5% increase on the prior-year period; basic earnings per share was €0.526 - a 35.9% increase on the prior-year period.

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