Coca-Cola Bottler's Shares Fall as Costs Drag on Margin

Dow Jones2025-08-06

By Anthony O. Goriainoff

Shares in Coca-Cola HBC fell after the company said its first-half earnings before interest and taxes margin fell due to higher costs.

London-listed shares were down 9%, at 3,568 pence in early European trade, but up 31% in the year to date.

The Coca-Cola Co. bottler--listed in London and Athens--on Wednesday said its comparable EBIT margin fell to 10.2% from 11.3% in the first half of last year as marketing and operating expenses rose in the period.

Comparable EBIT in its established market segment fell 7.2% on an organic basis to 181.5 million euros ($210.1 million).

The company's coffee sector also saw a 7.6% fall in volumes in the period. This was in line with the board's expectations and stemmed from its joint decision with Costa Coffee to focus on out-of-home business rather than at-home business. The company said it sees greater long-term potential in the out-of-home channel, which grew by 17% and was driven by Costa Coffee and Caffe Vergnano.

Coca-Cola HBC also reported net profit of 470.6 million euros for the first half, up from 381.6 million euros in the prior-year period. Revenue rose to 5.62 billion euros from 5.175 billion euros.

The company said it expected 2025 organic revenue growth and earnings before interest and taxes growth to be at the top end of guidance ranges of 6% to 8%, and 7% to 11%, respectively.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

August 06, 2025 05:37 ET (09:37 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Goriainoff \n</p>\n<pre>\n \n</pre>\n<p>\n   Shares in Coca-Cola HBC fell after the company said its first-half earnings before interest and taxes margin fell due to higher costs. \n</p>\n<p>\n  London-listed shares were down 9%, at 3,568 pence in early European trade, but up 31% in the year to date. \n</p>\n<p>\n  The Coca-Cola Co. bottler--listed in London and Athens--on Wednesday said its comparable EBIT margin fell to 10.2% from 11.3% in the first half of last year as marketing and operating expenses rose in the period. \n</p>\n<p>\n  Comparable EBIT in its established market segment fell 7.2% on an organic basis to 181.5 million euros ($210.1 million). \n</p>\n<p>\n  The company's coffee sector also saw a 7.6% fall in volumes in the period. This was in line with the board's expectations and stemmed from its joint decision with Costa Coffee to focus on out-of-home business rather than at-home business. The company said it sees greater long-term potential in the out-of-home channel, which grew by 17% and was driven by Costa Coffee and Caffe Vergnano. \n</p>\n<p>\n  Coca-Cola HBC also reported net profit of 470.6 million euros for the first half, up from 381.6 million euros in the prior-year period. Revenue rose to 5.62 billion euros from 5.175 billion euros. \n</p>\n<p>\n  The company said it expected 2025 organic revenue growth and earnings before interest and taxes growth to be at the top end of guidance ranges of  6% to 8%, and 7% to 11%, respectively. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Anthony O. 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Goriainoff \n</p>\n<pre>\n \n</pre>\n<p>\n   Shares in Coca-Cola HBC fell after the company said its first-half earnings before interest and taxes margin fell due to higher costs. \n</p>\n<p>\n  London-listed shares were down 9%, at 3,568 pence in early European trade, but up 31% in the year to date. \n</p>\n<p>\n  The Coca-Cola Co. bottler--listed in London and Athens--on Wednesday said its comparable EBIT margin fell to 10.2% from 11.3% in the first half of last year as marketing and operating expenses rose in the period. \n</p>\n<p>\n  Comparable EBIT in its established market segment fell 7.2% on an organic basis to 181.5 million euros ($210.1 million). \n</p>\n<p>\n  The company's coffee sector also saw a 7.6% fall in volumes in the period. This was in line with the board's expectations and stemmed from its joint decision with Costa Coffee to focus on out-of-home business rather than at-home business. The company said it sees greater long-term potential in the out-of-home channel, which grew by 17% and was driven by Costa Coffee and Caffe Vergnano. \n</p>\n<p>\n  Coca-Cola HBC also reported net profit of 470.6 million euros for the first half, up from 381.6 million euros in the prior-year period. Revenue rose to 5.62 billion euros from 5.175 billion euros. \n</p>\n<p>\n  The company said it expected 2025 organic revenue growth and earnings before interest and taxes growth to be at the top end of guidance ranges of  6% to 8%, and 7% to 11%, respectively. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 06, 2025 05:37 ET (09:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4559","symbol_name":"巴菲特持仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2557528327","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557528327","pubTimestamp":1754473020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares in Coca-Cola HBC fell after the company said its first-half earnings before interest and taxes margin fell due to higher costs.London-listed shares were down 9%, at 3,568 pence in early European trade, but up 31% in the year to date.The Coca-Cola Co. bottler--listed in London and Athens--on Wednesday said its comparable EBIT margin fell to 10.2% from 11.3% in the first half of last year as marketing and operating expenses rose in the period.Comparable EBIT in its established market segment fell 7.2% on an organic basis to 181.5 million euros .The company's coffee sector also saw a 7.6% fall in volumes in the period. This was in line with the board's expectations and stemmed from its joint decision with Costa Coffee to focus on out-of-home business rather than at-home business. The company said it sees greater long-term potential in the out-of-home channel, which grew by 17% and was driven by Costa Coffee and Caffe Vergnano.Coca-Cola HBC also reported net profit of 470.6 million ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4559":"巴菲特持仓","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU1221951046.USD":"NORDEA 1 STABLE RETURN \"HM\" (USDHDG) INC","BK4504":"桥水持仓","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4588":"碎股","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","BK4532":"文艺复兴科技持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4581":"高盛持仓","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","SG9999002232.USD":"Allianz Global High Payout USD","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","CCHGY":"Coca-Cola HBC AG","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1032466523.USD":"高盛全球多资产收益组合Acc","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC"},"translate_title":"由于成本拖累利润率，可口可乐装瓶商股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCHGY":0.9},"content_text":"By Anthony O. Goriainoff \n\n\n \n\n\n   Shares in Coca-Cola HBC fell after the company said its first-half earnings before interest and taxes margin fell due to higher costs. \n\n\n  London-listed shares were down 9%, at 3,568 pence in early European trade, but up 31% in the year to date. \n\n\n  The Coca-Cola Co. bottler--listed in London and Athens--on Wednesday said its comparable EBIT margin fell to 10.2% from 11.3% in the first half of last year as marketing and operating expenses rose in the period. \n\n\n  Comparable EBIT in its established market segment fell 7.2% on an organic basis to 181.5 million euros ($210.1 million). \n\n\n  The company's coffee sector also saw a 7.6% fall in volumes in the period. This was in line with the board's expectations and stemmed from its joint decision with Costa Coffee to focus on out-of-home business rather than at-home business. The company said it sees greater long-term potential in the out-of-home channel, which grew by 17% and was driven by Costa Coffee and Caffe Vergnano. \n\n\n  Coca-Cola HBC also reported net profit of 470.6 million euros for the first half, up from 381.6 million euros in the prior-year period. Revenue rose to 5.62 billion euros from 5.175 billion euros. \n\n\n  The company said it expected 2025 organic revenue growth and earnings before interest and taxes growth to be at the top end of guidance ranges of  6% to 8%, and 7% to 11%, respectively. \n\n\n \n\n\n  Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 06, 2025 05:37 ET (09:37 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2557528327","isCrawlerRequest":true}