Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) delivered first-half 2026 results ahead of market expectations, driven by higher sales volumes and favourable pricing across its European and Asia-Pacific operations. Despite the earnings beat, the company's shares fell 3.6% to $104.30 in U.S. premarket trading on Tuesday, even as S&P 500 futures edged about 0.2% higher.
Profit after tax increased 5.8% year over year to €991 million, surpassing the S&P Global Visible Alpha consensus forecast of approximately €983.8 million.
Revenue climbed 4.4% to €10.72 billion, comfortably ahead of ***** yst expectations of roughly €9.83 billion.
The company attributed the strong first-half performance to balanced revenue growth, ongoing market share gains and disciplined cost control. Demand remained particularly robust for zero-sugar soft drinks, energy beverages and hydration products.
Comparable group volumes increased 2.2% on a days-adjusted basis, while comparable foreign exchange-neutral revenue rose 6.1%.
#comparable #market #volumes
Profit after tax increased 5.8% year over year to €991 million, surpassing the S&P Global Visible Alpha consensus forecast of approximately €983.8 million.
Revenue climbed 4.4% to €10.72 billion, comfortably ahead of ***** yst expectations of roughly €9.83 billion.
The company attributed the strong first-half performance to balanced revenue growth, ongoing market share gains and disciplined cost control. Demand remained particularly robust for zero-sugar soft drinks, energy beverages and hydration products.
Comparable group volumes increased 2.2% on a days-adjusted basis, while comparable foreign exchange-neutral revenue rose 6.1%.
#comparable #market #volumes
3 days ago
