Coca-Cola Europacific Partners Plc ( (CCEP) ) has released its Q4 earnings. Here is a breakdown of the information Coca-Cola Europacific Partners Plc presented to its investors.
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Coca-Cola Europacific Partners Plc, a leading consumer goods company, specializes in producing, distributing, and selling Coke beverages across various markets, leveraging its multinational stature with local expertise.
Coca-Cola Europacific Partners (CCEP) has reported strong financial results for the fiscal year ending December 31, 2024, showcasing impressive top-line growth and strategic expansions, notably in the Asia Pacific and Southeast Asia regions, with a €1 billion share buyback plan announced for the upcoming year.
The company achieved a revenue increase of 11.7% to €20,438 million, with an adjusted comparable growth of 3.5%. Operating profit rose by 8.0% on an adjusted comparable basis, reflecting effective pricing strategies, promotional optimization, and successful execution in key markets. Volume growth was notable in the Asia Pacific and Southeast Asia regions, driven by strong demand in the Philippines, while Europe saw a slight decline due to strategic changes and weather impacts.
CCEP’s strategic efforts resulted in a comparable free cash flow of €1,817 million, supporting a return to its targeted leverage range ahead of schedule. A robust dividend increase and the planned share buyback emphasize the company’s commitment to delivering shareholder value. Sustainability initiatives also remain a priority, with top ratings from MSCI and inclusion in Sustainalytics’ ESG list.
Looking forward, CCEP remains optimistic about continued growth in 2025, with plans to balance volume and revenue growth, manage cost of sales effectively, and enhance shareholder returns through strategic investments. The company is set to maintain its position as a key player in the consumer goods sector, backed by strong brand partnerships and a focus on sustainability.
