Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. The company offers flavours, mixers, and energy drinks; soft drinks, waters, flavored water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks. It provides its products under the Coca-Cola, Coca-Cola Zero Sugar, Fanta, Sprite, Schweppes, Royal Bliss, Coca-Cola Signature Mixers, Fuze, Costa Coffee, and Tropico brands. In addition, the company engages in the bottling and other operations. As of March 12, 2021, it served approximately 300 million consumers across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Iceland, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain, and Sweden. The company was formerly known as Coca-Cola European Partners plc and changed its name to Coca-Cola Europacific Partners PLC in May 2021. Coca-Cola Europacific Partners PLC was founded in 1986 and is based in Uxbridge, the United Kingdom.
IPO Year:
Exchange: NYSE
Website: cocacolaep.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/25/2025 | Hold → Reduce | Kepler | |
| 12/9/2024 | Equal-Weight → Overweight | Morgan Stanley | |
| 12/3/2024 | $82.00 | Mkt Perform | Bernstein |
| 11/27/2024 | $85.00 → $82.00 | Overweight → Neutral | Analyst |
| 9/10/2024 | $81.00 | Outperform → Neutral | Exane BNP Paribas |
| 1/12/2024 | Neutral → Outperform | Exane BNP Paribas | |
| 12/4/2023 | Neutral → Buy | Goldman | |
| 4/26/2023 | $61.15 | Sell → Hold | Societe Generale |
| 8/3/2022 | $62.00 → $68.00 | Neutral → Buy | UBS |
| 6/29/2022 | Buy → Hold | Kepler |
NOTE TO EDITORS: The Following Is an Investment Opinion Issued by Spruce Point Capital Management Believes That Monster Is Facing Pressures From New Entrants Into Its Core Energy Drink Category and Expects Competitive Intensity to Increase as 1st Phorm and Anheuser-Busch Expand in the Market Believes That Monster's International Expansion Is Fraught With Challenges Such as a Complex Regulatory Environment, Less Attractive Margins, and Terms of Trade Which Appear Worse as Evidenced by Rising Days Sales Outstanding Questions the Financial Reporting and Accounting Choices Made by Management Given a Recent Auditor Change, Abnormally Low Audit Fees, Capital Expenditures and Operating Expenses
THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY OFFER TO PURCHASE OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES IN THE COMPANY NOR SHALL IT FORM THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER. UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / November 15, 2024 / Further to the announcement on 18 October 2024, Coca-Cola Europacific Partners plc ("CCEP" or the "Company") is pleased to announce the approval by the Financial Conduct Authority (the "FCA") of the transfer of the listing category of its ordinary shares from the Equity Shares (Transition) category to the Equity Shares (Commerc
Trading Update for the Third Quarter ended 27 September 2024 & Interim Dividend DeclarationSolid third quarter; reaffirming full-year profit & cash guidanceUXBRIDGE, ENGLAND / ACCESSWIRE / November 5, 2024 / Change vs 2023 Revenue Volume(UC) [2] Revenue per UC [1],[2],[3] Comparable Volume [1] Revenue per UC [1],[2],[3] FXN [1],[3] revenue Revenue Q3 2024 Europe€4,040m 695m €5.79 (1.4)% 3.2% 1.8% 2.1% APS€1,318m 313m €4.26 122.0% (29.3)% 56.5% 54.9% CCEP€5,358m 1,008m €5.32 19.1)% (6.4% 11.5% 11.5%YTD 2024 Europe€11,319m 1,965m €5.74 (2.3)% 4.3% 1.9% 2.3% APS€3,867m 899m €4.41 93.3% (24.6)% 45.6% 42.0% CCEP€15,186m 2,864m €5.32 15.6)% (4.4)% 1
THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY OFFER TO PURCHASE OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES IN THE COMPANY NOR SHALL IT FORM THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER.Coca-Cola Europacific Partners plc ("CCEP" or the "Company") today confirms notification of transfer of UK listing category from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) category of the Official ListUXBRIDGE, ENGLAND / ACCESSWIRE / October 18, 2024 / CCEP is one of the world's leading consumer goods companies, operating in the large and growing
UXBRIDGE, ENGLAND / ACCESSWIRE / August 7, 2024 / COCA-COLA EUROPACIFIC PARTNERSSolid first half, reaffirming FY24 guidance Change vs H1 2023 Change vs H1 2023 H1 2024 Total CCEP Key Financial Metrics[1] As Reported Comparable[1] As Reported Comparable[1] Comparable FXN[1] Adjusted Comparable[4] Adjusted Comparable[4] Adjusted Comparable FXN[4] Volume (M UC)[2] 1,856 1,856 13.8% 13.8% 1,957 0.6% Revenue per UC[2] (€) 5.32 (3.3) % 5.19 2.9%Revenue (€M) 9,828 9,828 9.5% 9.5% 10.0% 10,096 2.9% 3.5%Operating profit (€M) 1,142 1,296 (2.4) % 11.2% 11.6% 1,306 8.7% 9.0%Diluted EPS (€) 1.73 1.97 (6.9) % 6.7% 7.
Coca-Cola Europacific Partners (CCEP) today announces the appointment of Ed Walker as Chief Financial Officer (CFO) UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / May 23, 2024 / CCEP is pleased to announce that Ed Walker, previously Group Controller of CCEP, is appointed as CFO. This follows the recent announcement of Nik Jhangiani's resignation (3 May 2024) and the completion of a thorough process.Ed started his career as an Officer in the British Army. He then trained as an accountant and now has over 30 years of finance leadership experience across manufacturing, purchasing, commercial, marketing and group functions. Ed has been with CCEP since its formation and prior to that held several roles
Coca-Cola Europacific Partners (CCEP) today announces the resignation of Nik Jhangiani, SVP and Chief Financial Officer (CFO) with a search for his successor well underway UXBRIDGE, UK / ACCESSWIRE / May 3, 2024 / Nik Jhangiani, CFO, has informed the Company of his intention to join Diageo plc as CFO later this year. CCEP expects to make an announcement about his successor in the near future, following a thorough search with strong candidates already identified. Nik will remain in role to ensure an orderly and effective transition.Damian Gammell, CCEP CEO said:"I have been privileged to work closely with Nik for nearly a decade and I want to thank him for his outstanding contribution to CCEP
Trading Update for the First Quarter ended 29 March 2024 & Interim Dividend Declaration UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / April 25, 2024 / Good start to the year, confidently reaffirming FY24 guidanceQ1 2024 Change vs 2023 RevenueVolume (UC) [2]Revenue per UC [1],[2],[3] Comparable Volume [1]Revenue per UC [1],[2],[3]FXN [1],[3] RevenueRevenueEurope€3,290m582m€5.62 (1.4)%5.6%4.0%4.6%APS€1,175m247m€4.98 38.8%(12.3)%22.0%16.5%CCEP€4,465m829m€5.43 7.9%0.5%8.4%7.5%Q1 2024 (Adjusted comparable) [4] Change vs 2023 (Adjusted comparable) [4] RevenueVolume(UC)Revenue per UC Comparable volumeRevenue per UCFXN revenueRevenueEurope€3,290m582m€5.62 (1.4)%5.6%4.0%4.6%APS€1,443m348m€4.34 8.1%0.2%8.3
COCA-COLA EUROPACIFIC PARTNERS PLC 2024 ANNUAL GENERAL MEETING ("AGM")UXBRIDGE, UK / ACCESSWIRE / April 10, 2024 / Coca-Cola Europacific Partners plc ("CCEP") announces that the Notice of Meeting for its 2024 Annual General Meeting ("Notice of AGM") is available to view at: https://www.cocacolaep.com/about-us/governance/shareholder-meetings in which CCEP reaffirms its comparable operating profit guidance for the year ending 31 December 2024, as set out in its full year results announced on 23 February 2024.The AGM is to be to be held at 12:00pm BST on 22 May 2024, at 1A Wimpole Street, London, W1G 0EA.CCEP's 2023 Integrated Report and Form 20-F ("2023 Integrated Report") was published on 15
COCA-COLA EUROPACIFIC PARTNERS PLC FILES INTEGRATED REPORT AND FORM 20-FLONDON, UK / ACCESSWIRE / March 15, 2024 / Coca-Cola Europacific Partners plc ("CCEP") (ticker symbol CCEP) announces that, on 15 March 2024, it filed its 2023 Integrated Report and Form 20-F with the Securities and Exchange Commission. This document was filed in accordance with Rule 5250(d) of the Nasdaq Listing Rules and includes CCEP's audited results for the year ended 31 December 2023. The unaudited fourth-quarter and full year results for the period ended 31 December 2023 were released on 23 February 2024.The 2023 Integrated Report and Form 20-F is available on CCEP's website at https://ir.cocacolaep.com/financial-