CCEP Revenue Surges 6.1% in First-Half Earnings
Coca-Cola Europacific Partners (NASDAQ:CCEP) reported higher first-half revenue and operating profit, citing broad-based volume growth, market-share gains, and continued momentum in zero-sugar, energy, sports, and hydration beverages.
Chief Executive Officer Damian Gammell said the company delivered a 'strong first half' as brand partnerships, customer relationships, and in-market execution supported growth across its European and Australia-Pacific operations.
The company reported first-half revenue of €10.7 billion, up 6.1%, with volume increasing 5.6% after adjusting for six additional consumption days in the first half. Growth occurred in both Europe and Australia-Pacific, with June being the largest volume month on record.