Coca-Cola HBC AG

Coca-Cola HBC AG on Tuesday reported a 15.3% increase in organic revenue in the third quarter of 2023, with organic revenue growth of 17% in the year.

The main priorities the management of the Coca-Cola HBC AG group has set for 2019 are acquisitions of strong local brands (mainly in the categories of bottled water and juice), cooperations with companies active in online commerce (especially in packaged food), and emphasis on the hotel sector.

According to the company's announcement, the final agreement will be defined through final harmonization, and the acquisition remains subject to the usual conditions and approvals of the competent authorities, which is why the process itself is expected to be completed in the second quarter of 2019.

George A. David, Chairman Emeritus of Coca-Cola HBC AG, has been honored for his outstanding contribution to business relations between Greece and the UK by the British-Hellenic Chamber of Commerce.

The event took place during the annual back-to-business dinner held at the Athens residence of British Ambassador Kate Smith on Wednesday.

By Luca Casiraghi

Greece has become such a dirty word in international debt markets that companies are shunning any links to the country to access funds.

Drinks bottler Coca-Cola HBC AG said first-quarter sales volumes rose 7.2 percent, helped by four extra selling days versus last year, the earlier timing of the Easter holiday and a good performance in Nigeria, Poland, Romania, Hungary and the Czech Republic.

Coca-Cola HBC AG, the second-largest bottler of Coca-Cola Company brands, on Thursday reported a net profit slide of 11 percent in the six-month period ending June 27.

Income fell to 99 million euros from 111 million a year earlier. Net sales revenue declined 6 percent to 3.183 million from 3.381 million in the same period.