CCEP Earnings Preview: Summer Heat, Margin Expansion in Focus
Coca-Cola European Partners (CCEP) is set to report its second-quarter earnings on Tuesday, with investors looking for evidence that a hot summer and shift towards higher-margin products are driving revenue growth.
Analysts expect CCEP's revenue to come in at €5.69 billion, a 1.79% year-over-year increase and a 14% sequential jump from the first quarter's €5.0 billion revenue.
The company has been actively executing its €1 billion share buyback program, with consistent repurchases throughout July signaling management confidence in the business.