Financial News

The Group Coca-Cola Hellenic announced the Q3 trading update

The Group Coca-Cola Hellenic announced today the Q3 results, and on this occasion Zoran Bogdanovic, Group CEO, made the following announcement:

Financial Results 2018 Financial Results 2018

"We are pleased with how our actions are positioning the business to successfully capture growth opportunities in our markets. Our product portfolio is evolving to meet changing consumer preferences, and by partnering with customers we are strengthening our route to market. We had a quarter of solid growth led by continued good progress in volumes against strong comparatives. As expected, the slowdown in price/mix growth primarily reflected the timing of planned pricing activity, and we expect an acceleration in the final quarter. October trading has been strong, and we look to the full year confident that 2018 will be another year of good growth in both revenue and margins".

 Major focus:

  • Solid growth of NSR of 4.5%.
  • Volume growth of 4.2%
  • Growth of  0.3% in NSR/uc