Core Insights - Coca-Cola Europacific Partners (CCEP) has initiated the construction of its largest plant in the Philippines, located in Tarlac City, with production expected to start within the next one-and-a-half years [1][2]. Group 1: Joint Venture and Investment - The joint venture, Coca-Cola Europacific Aboitiz Philippines (CCEAP), is a collaboration where CCEP owns 60% following the acquisition of Coca-Cola Beverages Philippines (CCBPI) from The Coca-Cola Company in 2023 [2][3]. - The full construction of the Tarlac City plant is projected to take ten years, reflecting CCEP's commitment to growth and local economic support [1][2]. Group 2: Market Position and Financial Performance - CCEP reported revenue of €1.65 billion ($1.95 billion) in the Philippines, contributing to a group revenue of €20.44 billion, with "double-digit" volume growth driven by flagship products [5]. - The new factory is part of a strategic move to protect and grow Coca-Cola's market share while fostering local economic development [4].

I give a hold rating for Coca-Cola Europacific Partners (NASDAQ: CCEP ) as the current valuation already reflects much of its fundamental strength. With the stock trading near its recent peak multiple and earnings growth likely to remain in the Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha ...

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the period ending 27 June 2025 Commission File Number 001-37791 COCA-COLA EUROPACIFIC PARTNERS PLC Pemberton House, Bakers Road Uxbridge, UB8 1EZ, United Kingdom (Address of principal executive office) (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40 ...

Financial Data and Key Metrics Changes - The company reported revenue of €10.3 billion for H1 2025, an increase of 2.5% compared to the previous year [24] - Comparable volumes were marginally ahead, up 0.3%, despite challenges in Indonesia [24] - Operating profit increased by 7.2% to €1.4 billion, with an operating margin expansion of approximately 60 basis points to 13.5% [26] - Comparable diluted earnings per share rose by 3.1% on an FX neutral basis [26] - Comparable free cash flow generation was €425 million for H1, with a target of at least €1.7 billion for the full year [27] Business Line Data and Key Metrics Changes - The core NARTD category grew by more than 5% in the last twelve months, with significant contributions from Monster and other brands [8] - Monster volumes increased nearly 15%, driven by innovation and distribution gains [17] - Fanta Zero volumes grew by around 7%, and Sprite Zero by approximately 13% [18] - The away-from-home business saw a return to volume growth in Q2, supported by better weather and Easter timing [11] Market Data and Key Metrics Changes - The European market returned to volume growth in Q2, contributing positively to overall performance [24] - The Philippines market performed well despite strong comparables from the previous year, with a 10 basis point increase in overall value share [12] - Indonesia faced a weaker consumer backdrop, impacting group volumes by around 1% in Q2 [9] Company Strategy and Development Direction - The company is focused on driving profitable revenue growth while maintaining affordability and relevance for consumers [13] - A multiyear view on promotional and pricing strategies is emphasized to create sustainable value [12] - The company is investing heavily in technology and digital capabilities to enhance productivity and efficiency [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the midterm growth objectives, reaffirming full-year profit and cash guidance [40] - The company anticipates volume growth for the full year, particularly in Europe and APS, despite challenges in Indonesia [30] - Management acknowledged the competitive landscape but remains focused on sustainable value creation [70] Other Important Information - The company completed around €460 million in share buybacks and maintained a dividend payout policy of around 50% [7] - The launch of new campaigns, such as "This Is My Taste" for Diet Coke, is expected to drive consumer engagement [32] - The company is transitioning to a partner distributor model in Indonesia to enhance distribution efficiency [37] Q&A Session Summary Question: Guidance on top line and bottom line growth - Management noted that despite a slight change in revenue guidance, they expect acceleration in the second half driven by volume growth and pricing strategies [44][46] Question: Performance in Europe and away-from-home growth - Management highlighted strong performance in Europe, particularly due to favorable weather and increased consumer engagement in away-from-home settings [52][54] Question: Medium-term growth outlook considering Indonesia - Management indicated that while Indonesia presents challenges, it is a small part of the overall business, and they remain optimistic about long-term opportunities [90] Question: Update on COGS and hedging for 2026 - The company is well-hedged for 2025 and has around 60% hedging in place for 2026, with expectations of flat commodity prices [94] Question: Australian margin turnaround - Management expressed confidence in the Australian business's margin recovery, emphasizing ongoing structural changes and efficiency improvements [99]

Financial Data and Key Metrics Changes - The company reported revenue of €10.3 billion for H1 2025, an increase of 2.5% compared to the previous year [23] - Comparable volumes were marginally ahead, up 0.3%, despite challenges in Indonesia [23] - Operating profit increased by 7.2% to €1.4 billion, with an operating margin expansion of 60 basis points to 13.5% [25] - Comparable diluted earnings per share rose by 3.1% to €2, reflecting a higher effective tax rate of 26% [25] Business Line Data and Key Metrics Changes - The core NARTD category grew by more than 5% in the last twelve months, with significant contributions from Monster and other brands [7] - Operating profit growth of 7.2% was driven by strong top-line performance and efficiency programs [13] - The energy category, particularly Monster, saw volumes increase nearly 15%, with retail value share growing by around 140 basis points [16] Market Data and Key Metrics Changes - European markets returned to volume growth in Q2, supported by favorable weather and the Easter holiday [11] - The Philippines market performed well despite strong comparables from the previous year, with overall value share growing by 10 basis points [12] - Indonesia's weaker consumer backdrop impacted total first half volumes, contributing to a 1% decline in group volumes [11] Company Strategy and Development Direction - The company is focused on driving profitable revenue growth while maintaining affordability and relevance for consumers [13] - A multiyear view on promotional and pricing strategies is emphasized to create sustainable value [12] - The company is investing in technology and digital capabilities to enhance productivity and drive future growth [10] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed full-year profit and cash guidance, indicating a revenue growth range of 3% to 4% for the year [8] - The company remains optimistic about long-term opportunities in Indonesia despite current challenges [37] - Management highlighted the importance of digital transformation and technology investments to unlock value [39] Other Important Information - The company completed around €460 million in share buybacks and maintained a dividend payout policy of approximately 50% [6] - The return of the "Share a Coke" campaign was well received, contributing positively to brand performance [15] - The company is recognized for its sustainability efforts, retaining inclusion on CDP's A List for Climate for nine consecutive years [21] Q&A Session Summary Question: Guidance on top line and bottom line growth - Management indicated that despite a slight change in revenue guidance, they expect acceleration in the second half driven by volume growth and pricing strategies [45][46] Question: Performance in Europe and away from home growth - Management noted strong performance in Europe due to favorable weather and increased consumer engagement, with a focus on cooler placements and promotional activities [52][55] Question: Competitiveness in the market - Management acknowledged ongoing competition but emphasized a commitment to sustainable value creation and effective pricing strategies [68][71] Question: Metrics for the "Share a Coke" campaign - Management tracks metrics such as shelf distribution and consumption rates to evaluate the success of the campaign, which has positively impacted volume and price mix [75][76] Question: Acceleration in away from home growth - Management highlighted the return of consumers to public spaces and the impact of weather on away from home sales, indicating a positive trend for the remainder of the year [80][86] Question: Medium-term growth outlook considering Indonesia - Management reiterated that while Indonesia presents challenges, it is not critical to achieving midterm growth objectives, as other markets can offset weaknesses [90][93] Question: Update on COGS and hedging - Management reported being over 90% hedged for 2025 and around 60% for 2026, with expectations of flat commodity prices [96][97] Question: Update on Australian margin turnaround - Management expressed optimism about the Australian business's margin recovery, supported by structural changes and efficiency improvements [101][102]

Financial Performance - Revenue reached €10.3 billion, a 2.5% increase[29] - Operating profit increased by 7.2% to €1.4 billion[12, 29] - Comparable free cash flow was €0.4 billion[12, 29] - Interim dividend per share is €0.79[12, 29] Strategic Initiatives and Growth - The company is targeting €350-400 million in efficiencies by 2028 through a productivity mindset[7, 32] - The company reaffirms FY25 profit and cash guidance[10] - The company expects revenue growth of 3% to 4% for FY25[33] - The company expects operating profit growth of approximately 7% for FY25[33] Market and Portfolio - Non-Alcoholic Ready-To-Drink (NARTD) represents a €170 billion market in 2024[9] - Hot Coffee represents a €9 billion market in 2024[9] - Hot Tea represents a €5 billion market in 2024[9] Shareholder Value - The company has returned approximately €7.8 billion in cash since 2016[7] - The company is executing a new share buyback program of approximately €460 million[13, 29, 33]

Group 1 - Coca-Cola European (CCEP) is outperforming the Consumer Staples sector with a year-to-date return of 19.2%, compared to the sector's average return of 7.4% [4] - CCEP is ranked 2 (Buy) in the Zacks Rank system, indicating a favorable earnings outlook and improving analyst sentiment, with a 4.9% increase in the full-year earnings estimate [3][4] - The Beverages - Soft drinks industry, which includes CCEP, has gained about 8.3% year-to-date, showing that CCEP is performing better than its industry peers [6] Group 2 - BJ's Wholesale Club (BJ) is another strong performer in the Consumer Staples sector, with a year-to-date return of 25% and a Zacks Rank of 2 (Buy) [5][7] - The Consumer Products - Staples industry, which includes BJ, has only moved +1.8% since the beginning of the year, indicating that BJ is also outperforming its industry [7]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Coca-Cola European (CCEP) - CCEP currently holds a Momentum Style Score of B, indicating potential for solid momentum investing [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the market [3] Price Performance - CCEP shares have increased by 3.13% over the past week, outperforming the Zacks Beverages - Soft drinks industry, which rose by 2.13% [5] - Over the past month, CCEP's stock price has changed by 4.06%, compared to the industry's 1.4% [5] - In the last quarter, CCEP shares rose by 13.64%, and over the past year, they gained 27.53%, while the S&P 500 saw declines of -11.93% and gains of 7.36%, respectively [6] Trading Volume - CCEP's average 20-day trading volume is 2,750,749 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, two earnings estimates for CCEP have been revised upwards, increasing the consensus estimate from $4.37 to $4.51 [9] - For the next fiscal year, two estimates have also moved higher, with no downward revisions during the same period [9] Conclusion - Given the positive price trends and earnings outlook, CCEP is identified as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Coca-Cola European (CCEP) currently holding a Momentum Style Score of B [2][3] Group 2: Performance Metrics - CCEP shares have increased by 1.82% over the past week, while the Zacks Beverages - Soft drinks industry has decreased by 0.19% during the same period [5] - Over the last quarter, CCEP shares have risen by 12.69%, and by 23.32% over the past year, outperforming the S&P 500, which has moved -4.38% and 9.82% respectively [6] Group 3: Trading Volume and Earnings Outlook - CCEP's average 20-day trading volume is 3,705,845 shares, indicating a bullish sign with rising stock prices [7] - In the past two months, four earnings estimates for CCEP have increased, raising the consensus estimate from $4.30 to $4.44 [9] Group 4: Conclusion - CCEP is rated as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]

Financial Reporting - Coca-Cola Europacific Partners plc filed its 2024 Annual Report and Form 20-F on March 21, 2025, with audited results for the year ended December 31, 2024[3] - The unaudited fourth-quarter and full-year results for the period ended December 31, 2024, were released on February 14, 2025[3] Company Operations - Coca-Cola Europacific Partners serves nearly 600 million consumers and supports over 4 million customers across 31 countries[5] Stock Information - The company is listed on multiple exchanges, including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges, trading under the symbol CCEP[6]