Coca-Cola HBC AG
CCH: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 4,845.00 | Wvwndd | Djpbykm |
Coca-Cola HBC Is Battling Demographic Headwinds With Scale, Data, and Digitization
Business Strategy and Outlook
Coca-Cola Hellenic Bottling Company, or CCHBC, the third-largest bottler by volume in the Coca-Cola system, is one of the more diversified bottlers by both geographic footprint and product portfolio. Through its legacy assets and acquisition, CCHBC has operations in Eastern Europe, some of the smaller markets in Western Europe such as Switzerland and Ireland, and Egypt and Nigeria in Africa. Developing and emerging markets combined accounted for 68% of revenue in the first half of 2023 and 69% of EBIT.