Coca-Cola Europacific’s 2024 Annual Report Reveals Full Financial Picture

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Coca-Cola Europacific Partners Reports Strong Annual Performance with Revenue Growth

Coca-Cola Europacific Partners (CCEP), one of the world’s largest independent Coca-Cola bottlers, has released its annual financial results, highlighting solid revenue growth and strategic resilience amid macroeconomic challenges. The company reported a 7% increase in revenue to €18.9 billion, driven by solid pricing execution and continued strength in both at-home and away-from-home consumption.

Volume Growth and Strong Category Performance

Total volume grew by 2%, with notable contributions from CCEP’s core segments. The energy drinks category saw double-digit growth, reflecting sustained consumer demand, while Coca-Cola Zero Sugar continued to be a key growth driver. The company also highlighted the strong performance of its premium mixers and water categories.

Away-from-home sales contributed significantly to revenue improvements, supported by higher foot traffic in hospitality channels. Meanwhile, at-home consumption remained robust, showcasing CCEP’s ability to balance demand across multiple channels.

Profitability Gains and Strategic Investments

Operating profit rose by 9% to €2.2 billion, reflecting strong cost discipline and efficiency initiatives across CCEP’s European and Asia-Pacific markets. Gross profit per unit case increased, signaling effective pricing strategies and improved product mix.

The company also reaffirmed its commitment to sustainability, particularly in packaging innovation and carbon reduction initiatives. Investments in digital capabilities and supply chain optimization remain key priorities for sustaining long-term growth.

Outlook and Growth Strategy

Looking ahead, CCEP expects continued momentum, with a focus on premiumization, brand innovation, and further expansion in emerging markets. The company remains optimistic about consumer trends favoring low- and no-sugar beverages while leveraging its strong distribution network to drive volume growth.

While inflationary pressures and geopolitical uncertainties pose challenges, CCEP’s pricing strategy and cost efficiency measures are expected to mitigate risks. The company targets mid-single-digit revenue growth in the coming year while maintaining profitability improvements.

As one of the leading FMCG players in the beverage industry, CCEP’s results underscore its ability to navigate market complexities while delivering sustained growth. The emphasis on efficiency, innovation, and consumer-driven strategies

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