Coca-Cola HBC rises after raising fiscal 2026 profit forecast
05/08/2026 08:06
BUZZ-Coca-Cola HBC rises after raising fiscal 2026 profit forecast ** Shares of Switzerland-based bottler Coca-Cola HBC CCH.L up 3.2% at 4,982 pence
** Co expects organic operating profit growth of 8% to 10% for fiscal 2026, compared with previous forecast of 7% to 10%
** Also expects annual organic revenue growth around top end of its forecast range of 6% to 7%
** "Strong partnerships are at the heart of our business, and successful FIFA World Cup activations with our customers, including unique fan experiences and special-edition Coca-Cola and Powerade packs, were among the highlights of the period," CEO Zoran Bogdanovic says
** CCH up ~25.6% YTD, as of last close
(Reporting by Megha Kumari in Bengaluru)