Coca-Cola Europacific Partners PLC
NASDAQ:CCEP

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Coca-Cola Europacific Partners PLC Logo
Coca-Cola Europacific Partners PLC
NASDAQ:CCEP
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Price: 92.14 USD 0.51% Market Closed
Market Cap: 42.4B USD

Coca-Cola Europacific Partners PLC
Investor Relations

Coca-Cola Europacific Partners PLC, a quintessential player in the carbonated beverages domain, has carved out its niche by mastering the art of bringing the Coca-Cola brand to a broader audience across diverse markets. Born from a strategic merger of European bottling operations with Coca-Cola Amatil in the Asia-Pacific region, this entity operates as one of the world’s largest independent Coca-Cola bottlers. Their approach hinges on a robust distribution network, ensuring that every can and bottle travels seamlessly from production facilities to the shelves of supermarkets, vending machines, and beyond. This is complemented by strategic collaborations, such as partnerships with local retailers and restaurants, enhancing brand visibility and availability across regions. It's a business sustained by perpetual innovation, from creating niche products tailored to regional tastes to investing in sustainability initiatives aimed at reducing their carbon footprint and appealing to environmentally conscious consumers.

Central to their financial model is the intricately woven web of contracts and relationships with The Coca-Cola Company. These partnerships grant the rights to produce, distribute, and sell Coca-Cola products under the brand's distinctive banner. This unique setup allows Coca-Cola Europacific Partners to generate revenue through a mix of distribution fees and sales, driven by the ubiquitous demand for refreshing, convenient beverage choices. Their income is closely tied to performance metrics such as volume sales and market penetration, ensuring a proactive stance in capturing emerging trends and consumer preferences. Moreover, by leveraging economies of scale, the company manages to streamline operations, which in turn bolsters its bottom line despite the competitive nature of the global beverage market. Through these mechanisms, Coca-Cola Europacific Partners sustains its growth trajectory, ensuring that its product portfolio remains a staple for consumers across continents.

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Last Earnings Call
Fiscal Period
Q4 2024
Call Date
Feb 14, 2025
AI Summary
Q4 2024

Revenue Growth: Coca-Cola Europacific Partners delivered revenue of EUR 20.7 billion in 2024, up 3.5% and in line with guidance.

Profit & Margins: Operating profit rose 8% to EUR 2.7 billion with operating margin expanding to 12.9%, up 50 basis points year-on-year.

Free Cash Flow: Comparable free cash flow reached EUR 1.8 billion, with guidance for at least EUR 1.7 billion in 2025—reflecting management’s confidence.

Dividend & Buyback: The annual dividend per share increased by over 7% to EUR 1.97 and a new EUR 1 billion share buyback program was announced.

Philippines Outperformance: The Philippines showed double-digit volume growth, nearly 300 bps of value share gains, and roughly 200 bps operating margin expansion.

Mixed Regional Trends: Strong growth in APS (including Philippines) offset softer European volumes, which faced weather and channel headwinds.

2025 Outlook: Management expects approximately 4% revenue growth in 2025, driven by balanced volume and price, with operating profit and free cash flow broadly stable.

Efficiency Gains: EUR 80 million in efficiencies were delivered in 2024, ahead of plan, supporting margin expansion.

Key Financials
Revenue
EUR 20.7 billion
Operating Profit
EUR 2.7 billion
Operating Margin
12.9%
Diluted Earnings Per Share
EUR 3.95
Comparable Free Cash Flow
EUR 1.8 billion
Return on Invested Capital
10.8%
Dividend Per Share
EUR 1.97
Efficiency Savings
EUR 80 million
Net Debt to EBITDA
2.73x
Other Earnings Calls

Management

Mr. Damian Paul Gammell
CEO & Executive Director
No Bio Available
Mr. Ed Walker
Chief Financial Officer
No Bio Available
Mr. Peter John Brickley B.Sc.
Chief Information Officer
No Bio Available
Sarah Willett
Vice President of Investor Relations
No Bio Available
Ms. Clare Wardle
General Counsel & Company Secretary
No Bio Available
Ms. Ann Vermeulen
Chief Public Affairs, Communications & Sustainability Officer
No Bio Available
Ms. Veronique Vuillod
Chief People & Culture Officer
No Bio Available
Mr. Stephen Lusk
Chief Commercial Officer
No Bio Available
Mr. Jose Antonio Echeverria
Chief Customer Service & Supply Chain Officer
No Bio Available

Contacts

Address
MIDDLESEX
Uxbridge
Pemberton House, Bakers Road
Contacts
+441895231313.0
www.cocacolaep.com