Coca-Cola HBC Q3 Net Sales Revenue Up 8.9%; Lifts FY24 Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
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Source: Business Insider
Coca-Cola HBC Financial Performance: Coca-Cola HBC reported an 8.9% increase in third quarter net sales revenue, reaching 3.05 billion euros, with organic revenue growth at 13.9% and a 4.0% rise in quarterly organic volumes.
Future Growth Projections: The company has revised its expectations for full year 2024, anticipating organic EBIT growth of 10% to 12% and organic revenue growth of 11% to 13%, up from previous estimates.
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.
