Coca-Cola HBC H1 Profit Down; EBIT Up
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 07 2024
0mins
Source: Business Insider
Financial Performance: Coca-Cola HBC reported a 1.1% decline in net profit to 381.6 million euros for the first half of the year, despite a revenue growth of 3.1%, attributed to higher finance costs.
Future Outlook: The company anticipates organic revenue growth of 8-12% and organic EBIT growth of 7-12% for the full year 2024.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
