Anticipated growth in revenue and profit for Coca-Cola HBC

  • Coca-Cola HBC expected to report organic volume growth of 1.2%
  • Forecasted organic revenue growth of 16.1%
  • Net profit for 2023 anticipated to sharply rise to EUR712.6 million
  • Comparable EBIT forecasted to increase to EUR1.035 billion
  • Free cash flow expected to fall to EUR553.17 million
  • Near-term positive catalysts lacking due to currency devaluations
  • Volumes in developing markets expected to have fallen 3.4% in Q4
  • Dividend yield expected to be 4.1%

Coca-Cola HBC AG is set to release its 2023 results, with expectations of organic volume growth of 1.2% and organic revenue growth of 16.1%. Net profit for 2023 is projected to significantly increase to EUR712.6 million, while comparable EBIT is forecasted to rise to EUR1.035 billion. However, free cash flow is expected to decline to EUR553.17 million. The company faces challenges due to currency devaluations, particularly in developing markets where volumes are expected to have fallen by 3.4% in the fourth quarter. Despite these challenges, Coca-Cola HBC declared a dividend payout of EUR0.78 last year, with an expected dividend yield of 4.1%.

Public Companies: Coca-Cola HBC AG (N/A)
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Factuality Level: 8
Justification: The article provides specific information about Coca-Cola HBC AG’s expected results for 2023, including volume growth, revenue, net profit, EBIT, and free cash flow. The information is sourced from a company-compiled market consensus and analyst estimates. The article does not contain any irrelevant or misleading information, sensationalism, redundancy, or opinion masquerading as fact. It focuses on the key financial metrics and provides some insights into the factors that may impact the company’s performance. Overall, the article appears to be factually accurate and objective.

Noise Level: 3
Justification: The article provides specific information about Coca-Cola HBC AG’s expected results for 2023, including volume growth, revenue, net profit, EBIT, and free cash flow. It also mentions some factors to watch, such as currency devaluations and volume declines in developing markets. The information is relevant and focused on the topic, and it is supported by market consensus and analyst estimates.

Financial Relevance: Yes
Financial Markets Impacted: Coca-Cola HBC AG

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article provides financial information about Coca-Cola HBC AG’s expected results for 2023, including volume growth, revenue, net profit, EBIT, and free cash flow. There is no mention of any extreme events or their impact.

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