22 October 2017
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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

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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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