Coca Cola HBC (GB:CCH) has released an update.
Coca-Cola HBC AG has reported a robust first quarter in 2024 with organic revenue growth of 12.6%, driven by increasing volumes and strong double-digit growth in the Energy and Coffee segments. Despite foreign exchange headwinds in Nigeria and Egypt, the company has reiterated its 2024 guidance, indicating confidence in continued growth and performance in line with its strategic initiatives. This positive start reflects Coca-Cola HBC’s successful execution of its 24/7 strategy and its ability to adapt to the dynamic market conditions.
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