Financial Data and Key Metrics Changes - Organic revenue grew by 12.6%, volumes increased by 1.8%, and price mix rose by 10.6% in Q1 2024. Reported revenue grew by 1% due to currency headwinds [8][9][10] - The revenue growth management toolkit helped maintain consistent improvement and balance, with pricing being a significant lever amid challenges like currency devaluation and sugar tax [9][10] Performance by Business Line - Sparkling volumes grew low-single-digits, with Trademark Coke leading growth in Developing and Emerging markets. Adult Sparkling volumes grew low-double-digits, driven by Schweppes and Kinley [12][13] - Energy volumes surged over 37%, particularly in Emerging markets, with the launch of Monster Energy Green Zero Sugar contributing to growth [13] - Coffee grew by over 34%, with strong performances in Developing and Emerging markets [13] - Water volumes increased by 2.5%, with a focus on improving profitability through targeted revenue growth management initiatives [14] Performance by Market - Established markets saw net sales revenue grow by 5.1%, driven by a strong price mix of 9.3%, although overall volumes declined [16] - Developing markets experienced a net sales revenue increase of 12.5%, with volume recovery and strong performances from Sparkling and Coffee [17] - Emerging markets expanded organic revenue by 19%, with volume growth of 3.2%, despite currency devaluations in Nigeria and Egypt [18][20] Company Strategy and Industry Competition - The company continues to focus on its three strategic priority categories: Sparkling, Energy, and Coffee, which have shown strong revenue growth [7] - The company is committed to sustainability, with initiatives like deposit return schemes and investments in recycling infrastructure [15] - The company is confident in its full-year guidance and medium-term growth targets, despite macroeconomic challenges [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering against financial guidance for the year, emphasizing the importance of strong execution and adaptability in challenging markets [21] - The company is prepared for potential challenges in markets like Egypt, where a boycott against Western brands has affected performance, but noted a recovery trend [71] Other Important Information - The company is actively monitoring affordability and adjusting its strategies to maintain a balance between price and volume growth [56] - The company is focused on enhancing its single-serve mix, which remains a significant growth opportunity [79] Q&A Session Summary Question: Full year guidance and phasing between H1 and H2 - Management reiterated confidence in full-year guidance, indicating a more normal phasing towards the second half of the year [24][26] Question: Performance in Nigeria and volume growth expectations - Management highlighted consistent investment in capabilities in Nigeria, which has driven strong volume growth, and expressed confidence in maintaining this momentum [28][30] Question: Pricing strategies in Nigeria and Egypt - Management confirmed that pricing adjustments will continue to be made throughout the year based on market dynamics and competitive landscape [85] Question: Monitoring affordability in Established markets - Management emphasized the importance of tailoring strategies to local market conditions and using data insights to inform pricing and promotional strategies [56] Question: Impact of sugar tax in Italy - Management confirmed readiness to implement pricing strategies in response to the upcoming sugar tax, with anticipated price increases [45] Question: Energy drinks market performance and regulations - Management acknowledged the impact of new regulations on the Energy drinks category but remained optimistic about future growth [74]

Coca-Cola HBC AG (OTCPK:CCHBF) Q1 2024 Trading Update Conference Call April 30, 2024 4:30 AM ET Company Participants Joanna Kennedy - Head of Investor Relations Zoran Bogdanovic - Chief Executive Officer Anastasis Stamoulis - Incoming Chief Financial Officer Conference Call Participants Matthew Ford - Exane BNP Paribas Simon Hales - Citigroup Inc. Sanjeet Aujla - UBS Group AG Olivier Nicolai - Goldman Sachs Edward Mundy - Jefferies Group LLC Mandeep Sangha - Barclays Fintan Ryan - Goodbody Charlie Higgs - R ...

Coca-Cola HBC (CCHGY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ear ...

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Coca-Cola HBC (CCHGY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.Coca-Cola HBC is a member of our Consumer Staples group, which includes 194 differen ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to fi ...

Coca-Cola HBC AG (OTCPK:CCHBF) Q4 2023 Results Conference Call February 14, 2024 4:00 AM ET Company Participants John Dawson - Head of Investor Relations Zoran Bogdanovic - Chief Executive Officer Ben Almanzar - Chief Financial Officer Conference Call Participants Mandeep Sangha - Barclays Matthew Ford - BNP Paribas Exane Sanjeet Aujla - UBS Simon Hales - Citi Edward Mundy - Jefferies Olivier Nicolai - Goldman Sachs Ryan Fintan - Goodbody Charlie Higgs - Redburn Atlantic Andrea Pistacchi - Bank of America J ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...

A subject you don’t read about a lot in the business media is investing in Greece. Europe? Sure. Even Latin America. But Greece? Not so much. In December, I noticed an article from Barron’s that discussed why Greece’s turnaround is underway. John Paulson, the hedge fund guy, is big on the Greek markets. “Greece’s stock market is already up 40% so far this year, and some major investors expect it has more room to run. Hedge fund billionaire John Paulson, a long-time investor in the country, is bullish and lo ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find compa ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Coca-Cola HBC (CCHGY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Coca-Cola HBC is a member of the Consumer Staples sector. This group includes 193 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank includes 16 different groups and is listed in order from best to ...