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Coca-Cola Europacific Partners plc Announces Preliminary Unaudited Results Q4 & FY 2024

1. CCEP reports solid FY2024 results with 11.7% revenue growth. 2. Announces €1bn share buyback, enhancing shareholder value.

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FAQ

Why Bullish?

The announced share buyback generally boosts share prices, similar to past buybacks by Coca-Cola.

How important is it?

Strong financial performance and buyback signify strategic growth and value enhancement.

Why Short Term?

Immediate impact due to the buyback announcement, likely affecting CCEP's stock in near future.

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Preliminary unaudited results for the full year ended 31 December 2024 Great end to a solid year, well placed for FY25 and beyond; announcing €1bn share buyback* over next 12 months UXBRIDGE, UNITED KINGDOM / ACCESS Newswire / February 14, 2025 / (NASDAQ:CCEP)(LSE:CCEP) FY 2024 Total CCEP Key Financial Metrics [1] As Reported Comparable [1] Change vs FY 2023 Adjusted Comparable [4] Change vs FY 2023 As Reported Comparable [1] Comparable FXN [1] Adjusted Comparable [4] Adjusted Comparable FXN [4] Volume (M UC) [2] 3,864 3,864 17.8 % 16.9% 3,965 0.0% Revenue per UC [2] (€) 5.30 (5.1)% 5.23 2.7% Revenue (€M) 20,438 20,438 11.7 % 11.7% 11.8 % 20,706 3.3% 3.5% Operating profit (€M) 2,132 2,663 (8.8)% 12.2% 12.1 % 2,673 8.1% 8.0% Diluted EPS (€) 3.08 3.95 (15.3)% 6.6% 6.5 % Comparable free cash flow (€M) 1,817 Dividend per share (€) 1.97 DAMIAN GAMMELL, CHIEF EXECUTIVE OFFICER, SAID: "2024 has been another solid year for CCEP with continued robust top and bottom-line growth. Our geographic diversification, reinforced by the Philippines, means we are even more resilient.

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