Report
Coca-Cola Europacific Partners : CCEP confident it has sufficient tools to protect FY22-23 margins
>CCEP anticipates strong 4Q21 despite challenges - CCEP reported 3Q21 sales that were in line with Vara consensus. Despite that, the company increased its FY21 guidance with total comparable sales growth foreseen at 29-30% (was 26-28%), operating profit growth of 46-49% (was 40-44%), and comparable EPS growth of 54-57% (new target, mid-point implies € 2.80 EPS). Great Britain saw very strong 3Q21 sales growth (+17.5%: highest ever quarterly figure), we believe to a ce...
Underlying
Coca-Cola European Partners Plc
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Eric Wilmer
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