Coca-Cola Europacific Q1 Revenue €4.733B (+4.3% YoY), Adjusted Comparable Volume +2%; Reaffirms 2024 Guidance
Portfolio Pulse from Benzinga Newsdesk
Coca-Cola Europacific Partners reported a Q1 revenue of €4.733 billion, marking a 4.3% increase year-over-year. The company also saw a 2% rise in adjusted comparable volume and has reaffirmed its guidance for 2024.
April 25, 2024 | 6:20 am
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Coca-Cola Europacific Partners reported a positive Q1 with revenue growth of 4.3% YoY and a 2% increase in volume, reaffirming its 2024 guidance.
The positive revenue growth and volume increase indicate strong operational performance and market demand for CCEP's products. Reaffirming the 2024 guidance suggests confidence in continued growth and stability, likely leading to a positive short-term impact on the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100