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UPDATE 1-Coca Cola HBC revenue beats estimates as pandemic curbs ease

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(Adds details on results, CEO comment, background)

Nov 3 (Reuters) - Soft drinks bottler Coca Cola HBC AG reported higher third-quarter sales on Wednesday, helped by strong demand from fast-food chains and pubs as pandemic-related restrictions ease.

Coca Cola HBC said its out-of-home channel, which accounts for 40% of its total revenue, jumped a fifth with the reopening of public spaces and recovery of tourism in some markets.

While companies the world over grapple with labour shortage and rising input costs due to global supply chain disruptions, the bottler has continued to benefit from altered consumption patterns and high demand.

"Our actions in 2021, as well as the plans we have for Q4 and beyond will help us to mitigate the current challenging cost environment," Coca Cola HBC Chief Executive Officer Zoran Bogdanovic said.

Switzerland-based Coca Cola HBC's revenue for the three months ended September was 2.12 billion euros ($2.45 billion), compared with company-provided estimates of 2.04 billion euros, and higher than the 1.83 billion euros it reported last year.

The company, which is one of Coca-Cola Co's many bottlers worldwide, holds local franchises to bottle and sell drinks produced by the U.S. beverage giant. Coca-Cola holds a roughly 23% stake in Coca Cola HBC.

($1 = 0.8636 euros) (Reporting by Priyanshi Mandhan in Bengaluru; Editing by Sherry Jacob-Phillips and Shounak Dasgupta)