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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Coca-Cola HBC AG    CCH   CH0198251305

COCA-COLA HBC AG

(CCH)
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Coca Cola HBC : ‑Cola HBC AG Publishes 2019 Integrated Annual Report ‘What it takes to deliver 24/7'

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03/19/2020 | 06:32am EDT

Zug, Switzerland - 19 March 2020 - Coca‑Cola HBC AG today published its 2019 Integrated Annual Report 'What it takes to deliver 24/7'. The report highlights progress made on all aspects of business, governance and sustainability during 2019.

You can find our 2019 Integrated Annual Report, ('2019 Annual Report') here: http://www.coca-colahellenic.com/investorrelations/annualreports

A copy of the 2019 Annual Report will be submitted to the National Storage Mechanism and will be shortly available for inspection at: www.morningstar.co.uk/uk/nsm

Printed copies of the 2019 Annual Report will be available on or around 9 April 2020 and can be requested by shareholders, free of charge, at http://coca-colahellenic.com/en/investors/order-a-report/

The information in the Group's preliminary results announcement released on 13 February 2020, together with the information set out in the Appendix to this announcement, which is extracted from the 2019 Annual Report, constitutes the material required by the Disclosure Guidance and Transparency Rules (DTR 6.3.5R) to be communicated to the media in unedited full text through a Regulatory Information Service. Page numbers and notes to the accounts mentioned in the extracts from the 2019 Annual Report, refer to page numbers and notes to the accounts in the 2019 Annual Report. Terms used, but not otherwise defined in this announcement, have the meanings given to them in the 2019 Annual Report. This material is not a substitute for reading the full 2019 Annual Report.

Since we reported our full year 2019 results, the Covid-19 pandemic has had a major impact on people's lives and weakened the global economic outlook. Our primary focus is on supporting our customers, colleagues and the communities where we operate, and we have implemented contingency plans to mitigate the impact on our people and operations as far as possible. The company is in a strong position as a market leader in the countries where we operate and with a strong balance sheet and adequate liquidity. Although at this stage it is still too early to quantify the impact due to the Covid-19 outbreak on our full year 2020 results, we are monitoring the situation closely and will update the market in due course.

Enquiries Coca‑Cola HBC Group
Investors and Analysts:
Joanna Kennedy
Investor Relations Director
Tel: +44 20 37 444 230
joanna.kennedy@cchellenic.com
Carla Fabiano
Investor Relations Manager
Tel: +44 20 37 444 231
carla.fabiano@cchellenic.com
Media:
David Hart
Group External Communication Director
Tel: +41 41 726 0143
david.hart@cchellenic.com
International media contact:

Teneo
Rob Morgan
Tom Davies

Tel: +44 7557 413 275
robert.morgan@teneo.com
tom.davies@teneo.com

Greek media contact:
V+O Communications
Argyro Oikonomou
Tel: +30 211 7501219
ao@vando.gr

About Coca‑Cola HBC

Coca‑Cola HBC is a leading bottler of The Coca‑Cola Company with an annual revenue in excess of €7 billion. It has a broad geographic footprint with operations in 28 countries serving a population of more than 600 million people. Coca‑Cola HBC offers a diverse range of primarily non-alcoholic ready-to-drink beverages in the sparkling, juice, water, sport, energy, plant-based beverages and ready-to-drink tea and coffee categories. Coca‑Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca‑Cola HBC is ranked among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good, among others.

Coca‑Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com.

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Disclaimer

Coca-Cola HBC AG published this content on 19 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2020 11:31:03 UTC

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Financials
Sales 2020 6 328 M 7 192 M 7 192 M
Net income 2020 367 M 418 M 418 M
Net Debt 2020 2 028 M 2 305 M 2 305 M
P/E ratio 2020 21,9x
Yield 2020 2,15%
Capitalization 8 259 M 9 327 M 9 386 M
EV / Sales 2019
EV / Sales 2020 1,63x
Nbr of Employees 28 000
Free-Float 52,1%
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Mean consensus BUY
Number of Analysts 15
Average target price 26,89 €
Last Close Price 22,68 €
Spread / Highest target 63,2%
Spread / Average Target 18,6%
Spread / Lowest Target -7,47%
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Managers
NameTitle
Zoran Bogdanovic Chief Executive Officer & Executive Director
Anastassis Georgiou David Non-Executive Chairman
Michalis Imellos Chief Financial Officer
Anastasios Ioannis Leventis Non-Executive Director
Christodoulos-Robert C. Leventis Non-Executive Director
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