Coca-Cola HBC AG
CCH: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| GBX 6,371.00 | Snyhgg | Clyknpyzd |
CCHBC Is an Attractive Way to Play Developing Markets in Beverages
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Business Strategy and Outlook
Coca-Cola Hellenic Bottling Co., 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 2023 and 65% of EBIT.