CCEP Sees Revenue Growth Slow Down in Q2

Coca-Cola Europacific Partners (CCEP), the world's largest independent Coca-Cola bottler, reported slower revenue and volume growth in its second quarter.

The company's first-half revenues reached €10.72bn, up 4.4% year-on-year, but down from the 6.7% increase seen in the first quarter.

First-half volumes were 5.6% higher at 2,041m unit cases, a slowdown from the 8.5% growth registered in the first quarter.

CCEP's operating profits totalled €1.46bn over the six-month period, up 6.9% year-on-year, while earnings per share rose 9.1% to €2.17.