CCEP

Coca-Cola Europacific Partners plc
D

CCEP

78.090
USD
2.09
(2.75%)
Market Closed
Volume
56,223
EPS
4
Div Yield
2.61
P/E
21
Market Cap
35,950,488,915
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News

Title: Coca/Cola Europacific Partners plc

Sector: Consumer Defensive
Industry: Beverages - Non-Alcoholic
CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (80% of 2023 revenue and EBIT) and Australasia (20%).In 2023, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsa sold 4 billion unit cases (12%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.8 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.