Financial News

Q4 acceleration and another strong year for Coca‑Cola HBC

2019 was another year of strong growth with the business recording its highest ever volume and comparable EBIT.

2019 Full Financial Year 2019 Full Financial Year

I am particularly pleased with how we finished the year, following the unseasonable weather we faced in Q2 and Q3. We drove growth across all three market segments as well as in our three largest markets of Russia, Italy and Nigeria. Our core sparkling category continues to grow, supported by momentum in low- and no-sugar variants and we continue to gain or maintain share in the majority of our markets. We were recognised by the Dow Jones Sustainability Index as Europe's most sustainable beverage company for the sixth time in seven years. We enter 2020 with considerable momentum and exciting plans that include the roll-out of Costa Coffee in at least 10 of our markets. We are confident that we are well on track to deliver our 2020 commitments and to make solid progress on our 2025 growth agenda." - Zoran Bogdanovic, Chief Executive Officer of Coca‑Cola HBC AG.

Read the full press release here and see the video for a short summary of the results.

Coca‑Cola HBC 2019 Full Year Results