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BREAKING NEWS

BREAKING NEWS

Coca Cola HBC annual revenue growth to be 6% until 2025

Coca Cola HBC annual revenue growth to be 6% until 2025
FILE PHOTO: Logos are seen on Coca-Cola bottles in Zurich, February 16, 2011. REUTERS/Christian Hartmann -
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Christian Hartmann(Reuters)
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(Reuters) – Coca-Cola’s leading bottler Coca Cola HBC AG expects revenue annual growth over the next six years at around 6%.

The company, which sells Coca-Cola drinks in 28 countries, said on Monday that the average annual revenue growth rate is expected to be in the range of 5%-6% on a currency-neutral basis.

The news is ahead of an investor event in London later where management will present its strategy to investors and analysts.

The company’s shares were down 1.6% at 1115 GMT.

(Reporting by Muvija M and Sangameswaran S in Bengaluru; Editing by Bernard Orr)

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