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LONDON (Reuters) - Soft drink bottler Coca-Cola HBC (CCH.L) reported better-than-expected quarterly sales growth on Thursday, helped by higher prices and strength in developing markets. The company said ...
Soft drink bottler Coca-Cola HBC reported better-than-expected quarterly sales growth on Thursday, helped by higher prices and strength in developing markets. The company said revenue rose 4.5 percent ...
Strong financials and commodities stocks drove the FTSE 100 higher on Wednesday as investors shrugged off a hotly-anticipated data release showing higher than expected U.S. inflation. U.S. consumer prices rose more than expected in January, sending stocks across Europe and Britain sharply down, but they rebounded rapidly from the initial shock. The FTSE 100 covered a 100-point range on the day as stocks swung wildly.
Drinks maker Coca-Cola HBC reported higher full-year sales and profits on Wednesday, helped by volume increases and pricing. The company, which sells Coca-Cola drinks in 28 countries mostly in Europe, said sales grew 4.9 percent to 6.5 billion euros in 2017. Comparable earnings before interest and tax (EBIT) rose 20 percent to 621 million euros, with comparable earnings per share up about 27 percent to 1.23 euros, ahead of analyst expectations.