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Coca-Cola Europacific Partners Announces Strong 2024 Financial Results and €1 Billion Share Buyback

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Coca-Cola Europacific Partners Announces Strong 2024 Financial Results and €1 Billion Share Buyback

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Coca-Cola Europacific Partners ( (CCEP) ) has shared an update.

Coca-Cola Europacific Partners reported strong unaudited financial results for the fiscal year 2024, with notable revenue growth and strategic advancements across its geographical markets. The company announced a €1 billion share buyback plan, highlighting its robust market position and confidence in future growth. Despite challenges such as strategic product de-listings and mixed weather affecting some regions, the company achieved impressive cash flow and met its leverage targets, setting a solid foundation for continued success in 2025.

More about Coca-Cola Europacific Partners

Coca-Cola Europacific Partners plc operates in the beverage industry, focusing on the production and distribution of non-alcoholic ready-to-drink beverages. It is a key bottler for Coca-Cola products, serving various geographical markets including Europe and Asia-Pacific.

YTD Price Performance: 6.32%

Average Trading Volume: 1,518,983

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $37.47B

For an in-depth examination of CCEP stock, go to TipRanks’ Stock Analysis page.

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