Coca-Cola Europacific Partners (CCEP) saw its stock price surge 5.01% during intraday trading on Tuesday, marking a significant upward movement for the beverage bottling giant.
The sharp rise follows the company's release of its 2025 preliminary results, which showed earnings of €4.26 per diluted share, surpassing analyst expectations of €3.98. The company also issued 2026 guidance, forecasting organic revenue growth of 3% to 4% and organic operating profit growth of approximately 7%. A major catalyst was the announcement of a new €1 billion share buyback program to be executed over 2026.
Analysts reacted positively to the news, with ING noting that the buyback provides a significant tailwind for the stock's valuation and that consensus forecasts are likely to rise. UBS analysts highlighted that the company's volume performance beat expectations, which should calm investor concerns. The positive sentiment was further reinforced during the company's analyst call, where management discussed strong financial performance and shareholder returns.
Comments