Coca-Cola Europacific Partners(US:CCEP)2025-02-14 18:14Financial Performance - Revenue increased by 3.5% to €20.7 billion[33] - Operating profit grew by 8.0% to €2.7 billion[15, 33] - Comparable free cash flow reached €1.8 billion[17, 33] - The company is proposing a dividend of €1.97 per share, a 7% increase compared to 2023[19] Strategic Initiatives - A new share buyback program of €1 billion is planned over the next 12 months[19, 44] - The company achieved a leverage ratio of 2.7x, returning to the target range of 2.5-3.0x one year ahead of plan[17, 41] - The company delivered approximately €80 million in efficiencies in FY24, ahead of schedule, as part of a €350-400 million program through FY28[37] Geographic Performance and Expansion - The Philippines experienced double-digit volume growth and operating margin expansion of approximately 200bps to approximately 7.5%[31] - APS (Australia, Pacific, and Indonesia) saw an operating profit increase of 14.5%[15] Future Outlook - The company anticipates revenue growth of approximately 4% and operating profit growth of approximately 7% for FY25[52] - Capital expenditure is projected to be approximately 5% of revenue[45, 52] - The company expects comparable free cash flow of at least €1.7 billion in FY25[52]