Coca-Cola HBC Boosts Profit Forecast as Beverage Demand Remains Strong

Coca-Cola HBC has raised its profit forecast for 2026 after delivering a stronger-than-expected first-half performance.

The company, which operates across Central and Eastern Europe and several African markets, now expects organic operating profit growth of 8% to 10% in 2026, up from its earlier forecast of 7% to 10%. It also anticipates annual organic revenue growth toward the upper end of its previously guided 6% to 7% range.

The upgraded outlook follows a strong first half in which comparable operating profit reached €760.1 million, beating analyst estimates of €731.1 million. The company benefited from steady demand across its beverage portfolio, including Coca-Cola, Sprite, Fanta, Powerade, coffee products, and energy drinks.

Coca-Cola HBC Chief Executive Officer Zoran Bogdanovic attributed the strong performance to the partnership with FIFA, which increased consumer engagement during the period. Special-edition packaging, fan events, and World Cup-related marketing efforts boosted demand despite an uncertain economic environment.