CCEP Reports Strong First-Half Results, Reaffirms Full-Year Guidance
Coca-Cola European Partners (CCEP) reported strong first-half results for 2026, driven by balanced revenue growth and continued share gains. In a statement, CEO Damian Gammell said, 'We delivered a strong first half, with balanced revenue growth, continued share gains and disciplined cost and cash management.'
The company's total volume grew 5.6% year-over-year to 2,041 million unit cases (UC), while revenue per UC increased by 0.4%. Operating profit rose 6.9% to €1,458 million, and diluted earnings per share (EPS) climbed 9.1% to €2.17.
In Europe, CCEP's volume growth was 5%, with a 3.7% increase in operating profit. In Australia, Pacific & Southeast Asia (APS), volumes grew 6.9%, and operating profit rose 18.4%. The company attributed its success to the strength of its broad beverage portfolio, consumer demand for value, and innovation across faster-growing categories such as zero sugar, energy, and hydration.
CCEP reaffirmed its full-year guidance and remains focused on expanding cooler coverage, winning more customers, and accelerating growth in the Philippines and Indonesia. The company is actively managing pricing, promotions, discretionary spend, and efficiencies to drive future growth.