Coca-Cola Europacific PartnersCCEP
CCEP
About: CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe, Australasia, and South-East Asia.In 2024, CCEP sold 3.9 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsa sold over 4 billion unit cases (12%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.8 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.
Employees: 33,295
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
703% more call options, than puts
Call options by funds: $84.4M | Put options by funds: $10.5M
50% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]
13% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 69
1.53% more ownership
Funds ownership: 30.2% [Q3] → 31.73% (+1.53%) [Q4]
3% more capital invested
Capital invested by funds: $10.9B [Q3] → $11.3B (+$320M) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 183
1% more funds holding
Funds holding: 517 [Q3] → 520 (+3) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$90
8%
upside
Avg. target
$94
13%
upside
High target
$98
18%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Barclays Lauren Lieberman 43% 1-year accuracy 39 / 91 met price target | 18%upside $98 | Overweight Maintained | 6 Mar 2025 |
Evercore ISI Group Robert Ottenstein 47% 1-year accuracy 9 / 19 met price target | 8%upside $90 | Outperform Maintained | 18 Feb 2025 |
Financial journalist opinion
Based on 3 articles about CCEP published over the past 30 days
Positive
Proactive Investors
2 weeks ago
Coca-Cola Europacific, THG and Canal+ up for FTSE index promotion in March reshuffle
Drinks bottler Coca-Cola Europacific Partners PLC (LSE:CCEP, NASDAQ:CCEP) and Paddington producer Canal+ SA (LSE:CAN) are both on course to be added to the FTSE 100 and FTSE 250 in the next index reshuffle. Coca-Cola Europacific, whose shares have been traded in London since 2019, changed its listing category in November to allow it to be eligible to join the blue-chip index.
Neutral
Seeking Alpha
4 weeks ago
Coca-Cola Europacific Partners PLC (CCEP) Q4 2024 Earnings Call Transcript
Coca-Cola Europacific Partners PLC (NASDAQ:CCEP ) Q4 2024 Earnings Call February 14, 2025 7:00 AM ET Company Participants Sarah Willett - Vice President, Investor Relations and Corporate Strategy Damian Gammell - Chief Executive Officer Ed Walker - Chief Financial Officer Conference Call Participants Mitch Collett - Deutsche Bank UK Matthew Ford - BNP Paribas Exane Eric Serotta - Morgan Stanley Lauren Lieberman - Barclays Edward Mundy - Jefferies Sanjeet Aujla - UBS Bryan Spillane - Bank of America Charlie Higgs - Redburn Atlantic Robert Ottenstein - Evercore ISI Philip Spain - JPMorgan Richard Withagen - Kepler Cheuvreux Sarah Willett Thank you all for joining us on this lovely day today. I am here with Damian Gammell, our CEO; and Ed Walker, our CFO.
Neutral
Accesswire
4 weeks ago
Coca-Cola Europacific Partners plc Announces Preliminary Unaudited Results Q4 & FY 2024
Preliminary unaudited results for the full year ended 31 December 2024 Great end to a solid year, well placed for FY25 and beyond; announcing €1bn share buyback* over next 12 months UXBRIDGE, UNITED KINGDOM / ACCESS Newswire / February 14, 2025 / (NASDAQ:CCEP)(LSE:CCEP) FY 2024 Total CCEP Key Financial Metrics [1] As Reported Comparable [1] Change vs FY 2023 Adjusted Comparable [4] Change vs FY 2023 As Reported Comparable [1] Comparable FXN [1] Adjusted Comparable [4] Adjusted Comparable FXN [4] Volume (M UC) [2] 3,864 3,864 17.8 % 16.9% 3,965 0.0% Revenue per UC [2] (€) 5.30 (5.1)% 5.23 2.7% Revenue (€M) 20,438 20,438 11.7 % 11.7% 11.8 % 20,706 3.3% 3.5% Operating profit (€M) 2,132 2,663 (8.8)% 12.2% 12.1 % 2,673 8.1% 8.0% Diluted EPS (€) 3.08 3.95 (15.3)% 6.6% 6.5 % Comparable free cash flow (€M) 1,817 Dividend per share (€) 1.97 DAMIAN GAMMELL, CHIEF EXECUTIVE OFFICER, SAID: "2024 has been another solid year for CCEP with continued robust top and bottom-line growth. Our geographic diversification, reinforced by the Philippines, means we are even more resilient.
Positive
Proactive Investors
3 months ago
Coca-Cola Europacific Partners on track for FTSE 100 inclusion in March 2025
The process to transfer Coca-Cola Europacific Partners PLC's (LSE:CCEP, NASDAQ:CCEP) listing was approved last week and means it could be available to join the FTSE 100 in the first index reshuffle of 2025. Having announced in October its intention to transfer UK listing category, the bottler toasted the approval by the FCA on Friday, analysts at Citi noted.
Neutral
Seeking Alpha
4 months ago
Coca-Cola Europacific Partners PLC (CCEP) Q3 2024 Earnings Call Transcript
Coca-Cola Europacific Partners PLC (NASDAQ:CCEP ) Q3 2024 Results Conference Call November 5, 2024 7:00 AM ET Company Participants Sarah Willett - Vice President of Investor Relations & Corporate Strategy Damian Gammell - Chief Executive Officer Ed Walker - Chief Financial Officer Conference Call Participants Matthew Ford - BNP Paribas Simon Hales - Citi Sanjeet Aujla - UBS Mitchell Collett - Deutsche Bank Lauren Lieberman - Barclays Eric Serotta - Morgan Stanley Bryan Spillane - Bank of America Charlie Higgs - Redburn Atlantic Edward Mundy - Jefferies Robert Ottenstein - Evercore ISI Philip Spain - JPMorgan Sarah Willett Thank you all for joining us today. I'm here with Damian Gammell, our CEO; and Ed Walker, our CFO.
Positive
Proactive Investors
4 months ago
Coca-Cola Europacific Partners keeps fizz ahead of potential FTSE move
Coca-Cola Europacific Partners PLC (LSE:CCEP, NASDAQ:CCEP), which is expected to join the FTSE 100 soon, shares bubbled back towards recent all-time highs after it served up third-quarter revenues in line with expectations and reaffirmed full-year guidance. The world's largest independent Coca-Cola bottler generated revenues of just under €5.4 billion in the three months to end-September, up 11.5% on a year ago, or 2.4% on an adjusted comparable basis, with adjusted comparable volumes flat but average prices rising.
Positive
Seeking Alpha
4 months ago
My Top 10 High-Yield Dividend Stocks For November 2024
SPY's 5 month positive streak comes to an end in October as it posts a loss of 0.89%. The top 10 stocks on the watchlist for November 2024 offer a 3.61% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 17.27% since its inception in November 2020.
Negative
Zacks Investment Research
4 months ago
Are Consumer Staples Stocks Lagging Coca-Cola Europacific Partners (CCEP) This Year?
Here is how Coca-Cola European (CCEP) and Henkel AG & Co. (HENKY) have performed compared to their sector so far this year.
Neutral
Zacks Investment Research
5 months ago
CCEP or KO: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Beverages - Soft drinks sector might want to consider either Coca-Cola European (CCEP) or Coca-Cola (KO). But which of these two stocks is more attractive to value investors?
Positive
Seeking Alpha
5 months ago
My Top 10 High-Yield Dividend Stocks For October 2024
SPY locks in another positive month this year after gaining 2.10% in September. The top 10 stocks on the watchlist for October 2024 offer a 3.89% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 17.96% since its inception in November 2020.
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