Advertisement
Australia markets open in 2 hours 15 minutes
  • ALL ORDS

    8,205.50
    -3.10 (-0.04%)
     
  • AUD/USD

    0.6584
    -0.0035 (-0.53%)
     
  • ASX 200

    7,963.70
    -7.40 (-0.09%)
     
  • OIL

    77.50
    +0.54 (+0.70%)
     
  • GOLD

    2,397.50
    -9.80 (-0.41%)
     
  • Bitcoin AUD

    99,299.96
    -923.49 (-0.92%)
     
  • CMC Crypto 200

    1,355.00
    -10.90 (-0.80%)
     

Coca-Cola HBC Full Year 2022 Earnings: Beats Expectations

Coca-Cola HBC (LON:CCH) Full Year 2022 Results

Key Financial Results

  • Revenue: €9.20b (up 28% from FY 2021).

  • Net income: €415.4m (down 24% from FY 2021).

  • Profit margin: 4.5% (down from 7.6% in FY 2021). The decrease in margin was driven by higher expenses.

  • EPS: €1.13 (down from €1.50 in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Coca-Cola HBC Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 9.4%.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Beverage industry in the United Kingdom.

ADVERTISEMENT

Performance of the British Beverage industry.

The company's shares are up 5.4% from a week ago.

Risk Analysis

Be aware that Coca-Cola HBC is showing 2 warning signs in our investment analysis that you should know about...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here