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    CCEP   GB00BDCPN049

COCA-COLA EUROPACIFIC PARTNERS PLC

(CCEP)
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Coca Cola Europacific Partners : Getting ready for Halloween with Fanta

10/25/2021 | 03:54am EST

As Halloween has become a big moment in the Fanta calendar, we use it to help grow our share and realise our ambition to make Fanta as iconic at Halloween as Coca-Cola is at Christmas.

Across our markets, we manufacture over 40 flavours of Fanta, including Orange, Lemon, Fruit Twist, Grape and Raspberry.

Through our Action on Drinks we're committed to reducing the amount of sugar in our soft drinks, and aim to have 50% of our sales to come from low or no calorie drinks. In 2020, low or no calorie drinks already made up 48% of our total sales in Western Europe. And in Australia, Indonesia and New Zealand we've reformulated 48 products with lower sugar recipes since 2015.

Fanta is a key part of this, and is available in a variety of zero sugar flavours across our markets.

This year, we've got some great new on-pack graphics, consumer competitions and our partners at The Coca-Cola Company have created a new TV advert that brings to life the jump-scares we all know and love from our favourite monster movies.

Watch the TV advert here.

* = In Western Europe.

Disclaimer

Coca-Cola Europacific Partners plc published this content on 25 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2021 07:53:02 UTC.


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Sales 2021 13 697 M 15 453 M 15 453 M
Net income 2021 1 137 M 1 282 M 1 282 M
Net Debt 2021 11 903 M 13 430 M 13 430 M
P/E ratio 2021 18,2x
Yield 2021 3,00%
Capitalization 21 160 M 23 886 M 23 874 M
EV / Sales 2021 2,41x
EV / Sales 2022 2,05x
Nbr of Employees 22 000
Free-Float 44,1%
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Number of Analysts 14
Last Close Price 46,40 €
Average target price 58,74 €
Spread / Average Target 26,6%
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Managers and Directors
Damian Paul Gammell Chief Executive Officer & Director
Manik H. Jhangiani Chief Financial Officer
Sol Daurella Comadrßn Chairman
Peter Brickley Chief Information Officer
Garry Watts Independent Non-Executive Director