Coca-Cola HBC AG

Coca-Cola HBC AG

CCH.L
Coca-Cola HBC AGGB flagLondon Stock Exchange
5,025.00
GBp
-145.00
- -
18.31BMarket Cap
Coca-Cola HBC AG
CCH.L
(London Stock Exchange)

Recent

price

5,025.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
18.61
18.8
19.36
18.91
17.87
17.45
17.17
17.88
18.09
19.32
16.85
19.64
25.11
27.69
29.52
31.95
17.87
Revenue per Share
1.16
0.73
0.52
0.61
0.81
0.77
0.95
1.17
1.22
1.34
1.14
1.5
1.13
1.73
2.25
2.59
0.81
Basic EPS, GAAP
1.62
1.28
0.98
1.11
0.85
1.12
1.15
1.07
0.97
1.25
1.49
1.74
1.94
2.11
2.13
2.09
0.89
Free Cash Flow per Basic Share
0.28
- -
- -
0.34
0.35
0.36
0.4
0.44
0.54
2.57
0.62
0.64
0.71
0.78
0.93
1.03
- -
Dividend per Share
4.54
6.09
6.22
11.34
12.43
13.24
14.11
15.26
16.41
17.88
18.99
20.49
21.77
23.35
26.27
28.93
12.43
Book Value per Share
2.96
2.71
2.92
2.88
2.49
2.51
2.72
3.24
3.51
1.64
1.78
2.94
2.3
1.68
2.19
3.9
2.49
Tangible Book Value per Share
363
363
364
364
364
364
362
365
368
364
364
365
366
368
364
363
364
Basic Weighted Avg Shares
6,762
6,824
7,045
6,874
6,510
6,346
6,219
6,522
6,657
7,026
6,132
7,168
9,198
10,184
10,754
11,604
6,510
Sales/Revenue/Turnover
9.92
7.64
6.31
6.24
6.39
7.44
8.75
9.49
10.1
10.76
10.59
11.17
9.58
9.42
10.94
11.57
6.39
Operating Margin (%)
388
372
378
357
337
308
306
301
306
376
373
331
405
386
375
426
337
Depreciation Expense
421
264
190
221
295
280
344
426
447
488
415
547
415
636
821
940
295
Net Income, GAAP
24.24
27.11
25.21
24.79
16.42
21.39
24.86
24.5
26.65
26.19
30.12
25.5
33.35
30.17
27.33
27.97
16.42
Effective Tax Rate (%)
6.23
3.87
2.7
3.22
4.53
4.42
5.52
6.53
6.72
6.94
6.77
7.63
4.52
6.25
7.63
8.1
4.53
Profit Margin (%)
-123
104
-252
86
-134
-623
93
389
420
409
501
640
710
63
655
798
-134
Working Capital
1,663
1,940
1,605
1,854
1,556
923
1,468
1,460
1,468
2,563
2,610
2,556
3,083
2,476
3,092
3,107
1,556
LT Debt
3,031
2,920
3,006
2,967
2,791
2,824
2,870
3,012
3,116
2,700
2,633
3,117
3,386
3,187
3,303
3,942
2,791
Total Equity
- -
7.23
6.36
6.13
6.78
7.77
8.88
9.92
10.1
10.04
7.7
10.11
8.91
9.66
11.88
12.33
6.78
Return on Invested Capital (%)
- -
7.76
5.69
5.28
5.28
4.96
5.86
6.54
6.48
6.17
4.73
5.89
4.26
5.91
7.06
7.33
5.28
Return on Capital (%)
- -
13.7
8.51
6.93
6.82
6
6.92
7.98
7.71
7.77
6.19
7.6
5.38
7.69
9.04
9.37
6.82
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'14
Sep'14
Dec'14
ST Debt
228
503
549
LT Borrowings
1,855
1,573
1,458
LT Finance Leases
- -
- -
99
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
364
364
364
Market Capitalization
610,356
623,457
575,846

Working Capital

FRC

in mil. unless spec.
Jun'14
Sep'14
Dec'14
Total Current Assets
2,280
2,198
2,062
Cash, Cash Equivalents & STI
557
650
636
Accounts Receivable, Net
1,159
1,035
684
Inventories
564
513
414
Total Current Liabilities
2,210
2,341
2,196
Payables & Accruals
- -
- -
- -
ST Debt
228
503
549
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.83%
8.82%
19.33%
Free Cash Flow
7.01%
7.25%
-2.01%
Net Income, GAAP
15.02%
20.91%
14.6%
Sales/Revenue/Turnover
6.72%
13.89%
7.9%
Total Cash Common Dividend
39.25%
10.75%
10.21%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
10,184
2024
- -
- -
- -
- -
10,754
2025
- -
- -
- -
- -
11,604

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.73
2024
- -
- -
- -
- -
2.25
2025
- -
- -
- -
- -
2.59

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.78
2024
- -
- -
- -
- -
0.93
2025
- -
- -
- -
- -
1.03
Business
Coca-Cola HBC AG (CCH.L) is the strategic bottling partner of The Coca-Cola Company that manufactures, markets and distributes a broad portfolio of non-alcoholic and alcoholic beverages across 28 markets in Europe, Russia, Africa and Nigeria. The company offers consumer-leading brands in sparkling beverages including Coca-Cola, Fanta, Sprite and Schweppes; juices such as Fruice and Amita; waters like AVRA, Deep River Rock and Lanitis; sports and energy drinks including Powerade and Monster Energy; ready-to-drink teas; plant-based beverages; coffee through Costa Coffee and Caffè Vergnano; snacks under Bambi Biscuits, Bambi Wafers and Tsakiris Chips; adult sparkling and premium spirits such as Finlandia Vodka; as well as other local brands like Next, Next Joy, Kykkos and Plazma. It sources concentrate bases and syrups from The Coca-Cola Company and partners with additional beverage businesses including Monster Energy, Edrington, Brown-Forman and Bacardi to expand its 24/7 portfolio catering to occasions around the clock with healthier options, premium products and sustainable packaging. Incorporated in Greece in 1969 as Hellenic Bottling Company S.A. with initial bottling rights granted by The Coca-Cola Company, the firm is headquartered in Steinhausen, Zug, Switzerland following its 2013 redomiciliation and name change to Coca-Cola HBC AG, with primary listing on the London Stock Exchange and secondary listing on the Athens Stock Exchange. Its operations span established markets in Western Europe such as Ireland, Austria, Switzerland and Italy; developing markets across Central and Eastern Europe including Poland, Czech Republic, Hungary, Romania, the Baltic States and the Balkans; and emerging markets in Nigeria, Egypt and select African territories, serving approximately 740 million consumers through retail channels like supermarkets, convenience stores, hotels, restaurants and cafes. In recent developments, Coca-Cola HBC AG announced in October 2025 an agreement to acquire a 75% stake in Coca-Cola Beverages Africa (CCBA) for $2.6 billion from The Coca-Cola Company (41.52%) and Gutsche Family Investments (33.48%), funded by €2.5 billion bridge financing and new shares representing 5.47% of enlarged share capital, with an option to purchase the remaining 25% from The Coca-Cola Company post-completion targeted by end-2026. This transformative transaction, subject to approvals, will create the world's second-largest Coca-Cola bottler by volume with pro forma 2024 volumes of 4.0 billion unit cases, €14.1 billion revenues and €1.4 billion EBIT, materially expanding its African footprint across 14 high-growth markets representing 40% of Coca-Cola volumes on the continent and enabling a secondary listing on the Johannesburg Stock Exchange. The company anticipates low-single digit EPS accretion from the first full year post-completion, further diversification into compelling demographics and strengthened long-term partnership with The Coca-Cola Company, alongside prior expansions like the coffee business via Costa Coffee and Caffè Vergnano in 20 markets and strategic acquisitions such as Bambi in 2019 and Finlandia Vodka.