CCEP Sees 6.1% Profit Jump Amid Zero-Sugar Beverage Growth

Coca-Cola Europacific Partners (CCEP) has reported a solid first-half performance, driven by innovation in its zero-sugar beverages and a strong portfolio of brands. The company's operating profit increased by 6.1% to £8.6 billion year-on-year, while revenue rose by 4.4% to around £9.2 billion.

The growth was led by a 10% increase in first-half volumes, with CCEP citing the success of its Monster and small pack offerings as key contributors. In the European region, revenue increased by 1.3%, thanks to promotional activities, positive brand mix, and headline price increases.

CCEP's CEO, Damian Gammell, attributed the company's performance to its focus on innovation and value for consumers. He noted that while the consumer environment remains challenging, CCEP's growth model has demonstrated resilience.