Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Netherlands
  4. Euronext Amsterdam
  5. Coca-Cola Europacific Partners PLC
  6. News
  7. Summary
    CCEP   GB00BDCPN049

COCA-COLA EUROPACIFIC PARTNERS PLC

(CCEP)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Coca Cola European Partners : Cola progresses on 100% recycled or renewable journey in Germany

05/04/2021 | 06:19am EDT

Coca-Cola in Western Europe today takes another step forward in removing virgin fossil-based plastic as Coca-Cola in Germany announces it will achieve a share of recycled material of around 70 per cent for PET non-refillable bottles in 2021 as part of its journey towards 100% rPET for its entire locally produced portfolio.

A central principle of Coca-Cola's sustainability strategy is bottle-to-bottle recycling of beverage bottles as part of a low carbon, circular economy. That is why it is taking another big step in Germany towards 100% recycled or renewable content for its PET non-refillable bottles: the PET bottles of the ViO, Fuze Tea and Powerade brands will be completely converted to 100% rPET. For all other brands, all bottles up to a size of 0.5 litres as well as the 1.5-litre and the 2.0-litre bottles will transition to be made entirely of 100% rPET.

In its efforts to make PET non-refillable bottles more sustainable, Coca-Cola is also investing continuously in returnable packaging in Germany including investment in new refillable production lines, returnable containers, the expansion of the refillable bottle pool and new returnable crates in Germany. Most recently, two new refillable bottles were introduced to the German market in 2019 with the 1-litre glass bottles for Coca-Cola Classic, Coca-Cola Zero Sugar and the mineral water ViO. These investments are to be continued this year, including a new 0.4-litre refillable glass bottle.

Disclaimer

Coca-Cola European Partners plc published this content on 04 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2021 10:18:01 UTC.


ę Publicnow 2021
All news about COCA-COLA EUROPACIFIC PARTNERS PLC
06/17COCA COLA EUROPACIFIC PARTNERSá : recognised for its transition to 100% rPET in ..
PU
06/15COCA COLA EUROPACIFIC PARTNERSá : Reinstated at Outperform by Credit Suisse Amid..
MT
06/10COCA COLA EUROPACIFIC PARTNERSá : Investing in digital to make it easier to do b..
PU
06/02COCA COLA EUROPACIFIC PARTNERSá : JPMorgan Lifts Coca-Cola European Partners to ..
MT
06/01COCA COLA EUROPACIFIC PARTNERSá : Notification of transactions of persons discha..
PU
05/31COCA-COLA EUROPACIFIC PARTNERS PLCá : Monthly statement on outstanding equity sh..
CO
05/27COCA COLA EUROPACIFIC PARTNERSá : Argus Research Upgrades Coca-Cola European Par..
MT
05/27COCA COLA EUROPACIFIC PARTNERSá : Results of 2021 Annual General Meeting (Form 6..
PU
05/24GLOBAL MARKETS LIVE : Boeing, Airbus, Moderna, Virgin Galactic, Siegfried...
05/19COCA COLA EUROPEAN PARTNERSá : HSBC Upgrades Coca-Cola European Partners to Buy ..
MT
More news
Financials
Sales 2021 13 498 M 16 028 M 16 028 M
Net income 2021 1 131 M 1 343 M 1 343 M
Net Debt 2021 11 393 M 13 528 M 13 528 M
P/E ratio 2021 20,9x
Yield 2021 2,43%
Capitalization 23 838 M 28 261 M 28 305 M
EV / Sales 2021 2,61x
EV / Sales 2022 2,24x
Nbr of Employees 22 000
Free-Float 44,1%
Chart COCA-COLA EUROPACIFIC PARTNERS PLC
Duration : Period :
Coca-Cola Europacific Partners PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends COCA-COLA EUROPACIFIC PARTNERS PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 55,30 €
Last Close Price 52,30 €
Spread / Highest target 24,3%
Spread / Average Target 5,74%
Spread / Lowest Target -20,7%
EPS Revisions
Managers and Directors
NameTitle
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
Sector and Competitors