2 Followers USX:CCHBF - Coca-Cola HBC AG Coca-Cola HBC AG
Sector: Consumer Staples, Industry: Soft Drinks
Next Earnings: 21 May 2024
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USD 32    +0.0 (+0%)

2 May 2024


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General

CEO: Mr. Zoran Bogdanovic

Headquarters: US

Employees: 32,700

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Description

Coca-Cola HBC is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola FEMSA and Coca-Cola Europacific Partners. In 2023, CCHBC sold 2.8 billion unit cases of beverages. For context, Coke’s largest bottler, Coke FEMSA, sold 4 billion unit cases in Latin America, and the second-largest—CCEP, serving Europe, Southeast Asia, and the South Pacific region—sold 3.3 billion unit cases. There is a long tail of Coke distributors, including brewers and independent operators with very small distribution territories.CCHBC is listed on the London Stock Exchange. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of CCHBC, and Coca-Cola holds a further 21%. The remaining 56% is free float.

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