FTSE 100 and US stocks slip as market optimism dips December 18, 2020 The FTSE 100 fell along with European and US stocks as optimism faded on trading floors, with doubts creeping in about a US stimulus bill and fresh tensions with China. London’s main stock index was down 0.2 per cent in the afternoon session to 6,539 points. The FTSE 250, which is more domestically focused, fell [...]
Coca-Cola HBC sees demand slump amid coronavirus but plans dividend March 27, 2020 Coca-Cola HBC has said demand has slumped in countries with heavy coronavirus restrictions such as Italy and that uncertainty around the situation means it cannot provide guidance for its full-year results. The firm, one of the world’s largest Coca-Cola bottlers, said in an update today that it still intends to propose an ordinary dividend of [...]
Sweet results for Coca-Cola bottler as it reports increased profit February 13, 2020 Bottler Coca-Cola HBC delivered full year revenue growth in every segment last year as operating profit grew more than 10 per cent to €715.3m. The figures Operating profit grew 11.9 per cent last year from €639.4m to €715.3m. Revenue for the full year grew by 4.4 per cent and revenue in the fourth quarter grew [...]
Coca-Cola HBC’s revenue fizzes up in third quarter despite bad weather November 13, 2019 Shares in Coca-Cola HBC have risen this morning after the Coca-Cola company bottler reported an increase in revenue for the third water despite poor weather dampening volume growth. HBC’s net sales rose five per cent during the three months to the end of September compared to the same period last year. Read more: Coca-Cola’s advertisement [...]
FTSE 100 falls under Trump’s tariff threat and Hong Kong turmoil November 13, 2019 US President Donald Trump’s threat to reignite his trade war with China has dragged down the FTSE 100 in early trading as another day of Hong Kong turmoil hurts global stocks. London’s blue-chip index fell 0.4 per cent, or 28.5 points, to 7,336.9. The biggest fallers included HSBC, ITV and Prudential as UK stocks traded [...]
Coca-Cola bottler sees strong first quarter growth May 2, 2019 Coca-Cola HBC AG – the world's third-largest bottler of the drink – today announced solid first quarter performance for 2019, as well as a special dividend for investors. Overall sales revenue rose 4.7 per cent to €1.41 bn (£1.21 bn) in the first three months of the year compared to the same period in 2018, [...]
FTSE 100 hits fresh four-month high on US-China trade talk optimism and European banking boost February 15, 2019 The FTSE 100 ended a good week in strong fashion as optimism over the US-China trade dispute and the possibility of fresh stimulus measures for Eurozone banks boosted markets. The UK’s blue chip index rose to a fresh four-month high and closed 0.6 per cent up for the day at 7,237 points. European markets also rose as [...]
Coca-Cola bottler core profits fizz February 14, 2019 A soft drinks bottler led the FTSE 100 market fallers this morning after analysts noted that finance costs had offset strong organic growth, which has been boosted by a rise in appetite for sparkling beverages and a return to growth in its key Russian market. The figures Coca-Cola HBC AG said this morning that profits before [...]
FTSE 100 roundup: Today’s winners and losers February 1, 2019 The FTSE 100 finished 0.74 per cent up today, nudging just above 7,000 points to finish on 7,020.22. The index was bolstered by weakness in the pound after the release of further disappointing manufacturing statistics this morning. Sterling has had a tough end to an already difficult week, falling 0.3 per cent against the dollar, striking a [...]
Shares fizz as Coca-Cola bottler reports rising revenue November 8, 2018 Shares at Coca-Cola HBC climbed five per cent in morning trading as the fizzy drinks bottler posted rising revenue on the back of higher demand in its international markets. The Swiss-based firm, which is the world’s second-largest Coca-Cola anchor bottler, led the FTSE 100 this morning after reporting revenues of €1.87bn (£1.63bn)in the third-quarter, rising [...]