Coca - Cola HBC

OpenCalais Metadata: Ticker

CCH

OpenCalais Metadata: LegalName

Coca-Cola HBC AG

ATHEX: Benchmark drop stops at 1,300 pts

In the last couple of hours of Monday's session the Greek stock market succumbed to pressure from a combination of factors that sent prices lower: The underperforming Chinese economy, the decline of other eurozone bourses and the significant losses of Coca-Cola HBC, the market's biggest stock, conspired to inflict significant losses on the Athinon Avenue benchmark that came off Friday's nine-ye

ATHEX: Bourse enjoys session of solid growth

Stocks enjoyed even greater gains on Thursday, following the increase of prices on Wednesday, with banks leading the Greek bourse to significant growth once their index moved back above the 1,000-point mark. The benchmark recorded another solid advance in the face of uncertainty across the rest of the eurozone, on a rare occasion of Athinon Avenue moving autonomously.

Challenges lie ahead for CCHBC

Athens-listed Coca-Cola HBC is looking forward to even greater growth rates after 2023, with investments in new products that will serve the 24/7 strategy (products for all hours of the day and all days of the week), through capitalizing on the data it attaches great importance to, and by optimizing its performance at each point of sale.

CCHBC revenue up 22.2% in Q1

Coca-Cola HBC on Wednesday announced higher organic revenue growth of 22.2% in the first quarter, excluding Russia and Ukraine.

The company said that a price mix led revenue growth as it took decisive actions to mitigate cost inflation.

Volume growth in sparkling, energy and coffee drinks was offset by declines in stills, driven by an anticipated weakness in water.

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