Coca-Cola HBC Boosts Profit Forecast Amid Strong Beverage Demand
Coca-Cola HBC, a Switzerland-based bottler of Coca-Cola in Central and Eastern Europe and Africa, has raised its profit forecast due to strong demand for beverages. The company's World Cup partnership with FIFA helped boost spending morale among fans, leading to higher sales.
The bottler's CEO, Zoran Bogdanovic, highlighted the success of their partnerships, including unique fan experiences and special-edition Coca-Cola and Powerade packs during the World Cup.
Coca-Cola HBC now expects organic operating profit growth of 8% to 10% for fiscal 2026, up from its previous guidance of 7% to 10%. The company also increased its annual organic revenue growth expectation to around the top end of its range of 6% to 7%.
The bottler reported a comparable operating profit of €760.1 million ($876.70 million) for the six months ended July 3, 2026, beating analyst estimates of €731.1 million.