Daily Archives: November 4, 2016

Coca-Cola HBC open to further acquisition of juice, water brands or new territories – CEO

Coca-Cola HBC said on Thursday it was open to further acquisitions of juice, water brands or new territories, Dimitris Lois, Coca-Cola HBC CEO said following its Q3 update.

CCHBC, which bottles Coca-Cola products in 28 mostly European countries and Nigeria, said it was focused on driving a recovery in some markets that are struggling.

As this happens, we will become more active in M&A,” Lois said, noting that the company would be interested in adding water and juice brands to its business in existing markets.

Coca-Cola HBC revenue dips 2% in Q3; company remains confident in meeting full year target

Coca-Cola HBC AG reported its third quarter results on Thursday, with net sales revenue falling 1.9% to €1.74bn ($1.92bn), down from €1.77bn in the prior year. Total volumes declined 1% to 571.6m cases versus 577m cases in the previous year quarter.