Coca Cola HBC core profit rises 9 percent on higher volumes, lower costs

FILE PHOTO - Bottles of Coca-Cola are seen at a Carrefour Hypermarket store in Montreuil, near Paris, France, February 5, 2018. REUTERS/Regis Duvignau/File Photo - Copyright Regis Duvignau(Reuters)

By Reuters

Published on 14/02/2019 - 14:05•Updated 11/05/2024 - 02:09

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(Reuters) - Soft drink bottler Coca Cola HBC AG reported a 9.6 percent rise in full-year comparable core profit, boosted by higher volumes and lower costs.

Comparable earnings before interest and tax rose to 680.7 million euros (597 million pounds) for the year ended Dec. 31 from 621 million euros, a year earlier. On a per share basis, the company earned 1.306 euros.