Coca-Cola Europacific Partners plc Announces Preliminary Unaudited Results Q4 & FY 2024
Coca-Cola Europacific Partners (CCEP) has reported strong financial results for FY 2024, demonstrating robust top and bottom-line growth. The company achieved a volume of 3,864M unit cases, representing a 17.8% increase year-over-year. Revenue reached €20,438M, up 11.7% from FY 2023, while operating profit was €2,132M.
Key highlights include impressive free cash flow generation and early achievement of leverage targets. The company announced a significant €1 billion share buyback program to be implemented over the next 12 months, subject to shareholder approval at the 2025 Annual General Meeting. The dividend per share was set at €1.97.
CCEP's performance was driven by geographic diversification, including the Philippines integration, market share gains, and effective revenue management through strategic pricing and promotions. The company maintains a positive outlook for 2025, supported by strong investment and commercial plans.
Coca-Cola Europacific Partners (CCEP) ha riportato risultati finanziari solidi per l'anno fiscale 2024, dimostrando una crescita robusta sia del fatturato che dell'utile. L'azienda ha raggiunto un volume di 3.864 milioni di casi unitari, con un aumento del 17,8% rispetto all'anno precedente. I ricavi hanno raggiunto €20.438 milioni, in aumento dell'11,7% rispetto all'anno fiscale 2023, mentre l'utile operativo è stato di €2.132 milioni.
Tra i punti salienti ci sono la generazione impressionante di flusso di cassa libero e il raggiungimento anticipato degli obiettivi di leva finanziaria. L'azienda ha annunciato un significativo programma di riacquisto di azioni da 1 miliardo di euro da attuare nei prossimi 12 mesi, soggetto all'approvazione degli azionisti durante l'Assemblea Generale Annuale del 2025. Il dividendo per azione è stato fissato a €1,97.
Le performance di CCEP sono state guidate dalla diversificazione geografica, inclusa l'integrazione delle Filippine, dal guadagno di quote di mercato e dalla gestione efficace dei ricavi attraverso strategie di pricing e promozioni. L'azienda mantiene un outlook positivo per il 2025, supportato da forti investimenti e piani commerciali.
Coca-Cola Europacific Partners (CCEP) ha reportado resultados financieros sólidos para el año fiscal 2024, demostrando un crecimiento robusto tanto en ingresos como en utilidades. La compañía alcanzó un volumen de 3.864 millones de casos, lo que representa un aumento del 17,8% en comparación con el año anterior. Los ingresos alcanzaron €20.438 millones, un aumento del 11,7% respecto al año fiscal 2023, mientras que la utilidad operativa fue de €2.132 millones.
Los aspectos más destacados incluyen la impresionante generación de flujo de caja libre y el logro anticipado de los objetivos de apalancamiento. La compañía anunció un significativo programa de recompra de acciones de 1.000 millones de euros que se implementará en los próximos 12 meses, sujeto a la aprobación de los accionistas en la Junta General Anual de 2025. El dividendo por acción se fijó en €1,97.
El desempeño de CCEP fue impulsado por la diversificación geográfica, incluida la integración de Filipinas, ganancias en participación de mercado y una gestión efectiva de ingresos a través de precios estratégicos y promociones. La compañía mantiene una perspectiva positiva para 2025, respaldada por fuertes inversiones y planes comerciales.
코카콜라 유로아시아 파트너스 (CCEP)가 2024 회계연도에 강력한 재무 결과를 보고하며, 매출과 순이익 모두에서 견고한 성장을 보여주었습니다. 회사는 3,864백만 유닛 케이스의 물량을 달성하여 전년 대비 17.8% 증가했습니다. 매출은 €20,438백만에 달하며, 2023 회계연도 대비 11.7% 증가했으며, 운영 이익은 €2,132백만이었습니다.
주요 하이라이트로는 인상적인 자유 현금 흐름 생성과 조기 레버리지 목표 달성이 있습니다. 회사는 2025년 정기 주주총회에서 주주 승인에 따라 향후 12개월 동안 시행될 10억 유로 규모의 자사주 매입 프로그램을 발표했습니다. 주당 배당금은 €1.97로 설정되었습니다.
CCEP의 성과는 필리핀 통합을 포함한 지리적 다각화, 시장 점유율 증가, 전략적 가격 책정 및 프로모션을 통한 효과적인 수익 관리에 의해 추진되었습니다. 회사는 강력한 투자 및 상업 계획을 바탕으로 2025년에 대한 긍정적인 전망을 유지하고 있습니다.
Coca-Cola Europacific Partners (CCEP) a annoncé de solides résultats financiers pour l'exercice 2024, démontrant une forte croissance tant en chiffre d'affaires qu'en bénéfice. L'entreprise a atteint un volume de 3.864 millions de caisses, représentant une augmentation de 17,8 % par rapport à l'année précédente. Le chiffre d'affaires a atteint 20.438 millions d'euros, en hausse de 11,7 % par rapport à l'exercice 2023, tandis que le bénéfice opérationnel s'élevait à 2.132 millions d'euros.
Les points saillants incluent une génération impressionnante de flux de trésorerie libre et l'atteinte précoce des objectifs de levier. L'entreprise a annoncé un programme de rachat d'actions de 1 milliard d'euros à mettre en œuvre au cours des 12 prochains mois, sous réserve de l'approbation des actionnaires lors de l'Assemblée générale annuelle de 2025. Le dividende par action a été fixé à 1,97 €.
Les performances de CCEP ont été soutenues par la diversification géographique, y compris l'intégration des Philippines, des gains de part de marché et une gestion efficace des revenus grâce à une tarification stratégique et des promotions. L'entreprise maintient une perspective positive pour 2025, soutenue par de forts investissements et des plans commerciaux.
Coca-Cola Europacific Partners (CCEP) hat starke finanzielle Ergebnisse für das Geschäftsjahr 2024 gemeldet, die ein robustes Wachstum sowohl beim Umsatz als auch beim Gewinn zeigen. Das Unternehmen erreichte ein Volumen von 3.864 Millionen Einheiten, was einem Anstieg von 17,8 % im Vergleich zum Vorjahr entspricht. Der Umsatz belief sich auf 20.438 Millionen Euro, was einem Anstieg von 11,7 % gegenüber dem Geschäftsjahr 2023 entspricht, während der operative Gewinn bei 2.132 Millionen Euro lag.
Wichtige Höhepunkte sind die beeindruckende Generierung von freiem Cashflow und das vorzeitige Erreichen der Verschuldungsziele. Das Unternehmen kündigte ein bedeutendes Aktienrückkaufprogramm im Wert von 1 Milliarde Euro an, das in den nächsten 12 Monaten umgesetzt werden soll, vorbehaltlich der Genehmigung der Aktionäre auf der Hauptversammlung 2025. Die Dividende pro Aktie wurde auf 1,97 Euro festgelegt.
Die Leistung von CCEP wurde durch geografische Diversifizierung, einschließlich der Integration der Philippinen, Markanteilsgewinne und ein effektives Ertragsmanagement durch strategische Preisgestaltung und Promotionen vorangetrieben. Das Unternehmen hat einen positiven Ausblick für 2025, unterstützt durch starke Investitionen und kommerzielle Pläne.
- Revenue increased 11.7% to €20,438M in FY 2024
- Volume growth of 17.8% to 3,864M unit cases
- Strong free cash flow of €1,817M
- Announced €1B share buyback program
- Early achievement of leverage targets
- Operating profit decreased 8.8% to €2,132M
- Diluted EPS declined 15.3% to €3.08
- Revenue per unit case dropped 5.1% to €5.30
Insights
CCEP's FY2024 results showcase robust operational execution and financial discipline. The
The announcement of a
The company's geographic diversification strategy, especially the Philippines integration, has enhanced business resilience against regional market fluctuations. Their approach to revenue management through strategic pricing and pack mix optimization has proven effective, as evidenced by the
Looking ahead, CCEP's position in growing categories and their planned commercial investments suggest continued momentum. The upcoming capital markets event in May could provide additional catalysts as management shares their strategic vision and growth initiatives. The combination of volume growth, pricing power, and operational efficiency positions CCEP well for sustained performance in 2025 and beyond.
Preliminary unaudited results for the full year ended 31 December 2024
Great end to a solid year, well placed for FY25 and beyond; announcing €1bn share buyback* over next 12 months
UXBRIDGE, UNITED KINGDOM / ACCESS Newswire / February 14, 2025 / (NASDAQ:CCEP)(LSE:CCEP)
FY 2024 Total CCEP Key Financial Metrics [1] | As Reported |
| Comparable [1] | Change vs FY 2023 | Adjusted Comparable [4] | Change vs FY 2023 | |||
As Reported | Comparable [1] | Comparable FXN [1] | Adjusted Comparable [4] | Adjusted Comparable FXN [4] | |||||
Volume (M UC) [2] | 3,864 |
| 3,864 | 17.8 % |
| 3,965 |
| ||
Revenue per UC [2] (€) |
|
| 5.30 |
|
| (5.1)% | 5.23 |
| |
Revenue (€M) | 20,438 |
| 20,438 | 11.7 % | 11.8 % | 20,706 | |||
Operating profit (€M) | 2,132 |
| 2,663 | (8.8)% | 12.1 % | 2,673 | |||
Diluted EPS (€) | 3.08 |
| 3.95 | (15.3)% | 6.5 % |
|
|
| |
Comparable free cash flow (€M) |
|
| 1,817 |
|
|
|
|
|
|
Dividend per share (€) |
| 1.97 |
|
|
|
|
|
|
|
DAMIAN GAMMELL, CHIEF EXECUTIVE OFFICER, SAID:
"2024 has been another solid year for CCEP with continued robust top and bottom-line growth. Our geographic diversification, reinforced by the Philippines, means we are even more resilient. We've grown share ahead of the market, created value for our customers, delivered underlying volume growth and gains in revenue per unit case through revenue and margin growth management. Actively managing pricing and promotions across our broad pack offering ensures we are relevant to all consumers, while driving profitable revenue growth. Alongside ongoing productivity gains, we drove impressive free cash flow and the early return to our leverage target. This all reflects our great brands, great execution and great people as well as strong relationships with our brand partners and customers, to whom we are extremely grateful.
"We are well placed for 2025 and beyond in categories that are growing, with strong investment and commercial plans in place to drive growth. We are confident that we have the right strategy, done sustainably to deliver on our mid-term growth objectives. Our FY25 guidance, combined with the resumption of share buybacks, demonstrate the strength of our business and our ability to deliver continued shareholder value. We have the platform and momentum to go even further while continuing to be a great partner for our customers and a great place to work for our colleagues. We look forward to sharing more on our exciting future at our capital markets event in May."
___________________________
* Buyback programme of up to €1bn is subject to further shareholder approval at the 2025 Annual General Meeting. For detailed footnotes see below.
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SOURCE: Coca-Cola Europacific Partners plc
View the original press release on ACCESS Newswire
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