Coca-Cola Europacific Partners

Public consensus   -   Last updated 28/11/22

Reporting currency: EUR
Reporting unit: Millions
 
NO. OF
FORECASTS
FY23
CONSENSUS
28/11/22
FY23
MIN
FY23
MAX
Comparable (€m)
Revenue: Total CCEP
16
18,572
18,223
19,007
Gross profit: TOTAL CCEP
16
6,586
6,373
6,841
Operating profit: TOTAL CCEP
16
2,292
2,228
2,363
Net finance costs: TOTAL CCEP
15
138
109
181
Taxes: TOTAL CCEP
16
485
458
508
Profit after taxes: TOTAL CCEP
16
1,665
1,620
1,704
Diluted EPS (€): TOTAL CCEP
16
3.62
3.50
3.71
Pro forma Growth Rates: TOTAL CCEP
Pro forma Comparable volume growth (%)
15
1.1
(1.0)
4.5
Pro forma Comparable FX-Neutral revenue per unit case growth (%)
15
6.2
3.9
7.6
Pro forma Comparable Fx-Neutral revenue growth (%)
16
7.2
5.2
8.5
Pro forma Comparable total revenue growth (%)
15
7.0
4.6
8.8
Pro forma Comparable FX-Neutral cost of sales per unit case growth (%)
14
7.2
5.1
8.8
Pro forma Comparable Fx-Neutral operating profit growth (%)
15
6.7
4.5
8.9
Pro forma Comparable operating profit growth (%)
14
6.5
4.2
9.5
Pro forma Comparable FX-neutral diluted EPS growth (%)
11
6.4
3.9
9.0
Pro forma Comparable diluted EPS growth (%)
13
6.6
3.9
9.0
Select metrics:
Gross profit margin (%) TOTAL CCEP
16
35.5
34.7
36.5
Operating profit margin (%) TOTAL CCEP
16
12.3
11.9
12.9
Tax rate (%) TOTAL CCEP
15
22.5
22.0
23.0
Other items: TOTAL CCEP
Dividend per share (€)
15
1.82
1.77
1.85
Depreciation & amortisation (€m)
15
947
807
1,318
Capital expenditure (€m)
15
910
796
1,044
Free cashflow (€m)
15
1,711
1,405
1,881
Net debt/(cash) (€m)
14
9,671
9,079
10,221
Dividend payment (€m)
15
829
810
849

Disclaimer

Coca-Cola Europacific Partners plc (the “Company”) is not authorised or regulated by the UK Financial Conduct Authority and may not provide investment advice. The consensus data should not be construed as an invitation, inducement or recommendation to buy or sell securities of the Company or to engage in any other form of investment activity. In addition, the consensus data is not intended to constitute a financial promotion within the meaning of section 21 of the Financial Services and Markets Act 2000.

The acquisition of Coca-Cola Amatil (CCL) completed on 10th May 2021. Total CCEP growth rates are on a pro forma basis and are therefore calculated on the basis as if the acquisition had occurred on 1 January 2021.

The consensus data are based on submissions from registered investment analysts as to the Company’s expected future performance. It is therefore speculative and forward-looking and subject to a number of uncertainties that may impact the Company’s actual performance. Vuma Financial Ltd. collects and analyses the submissions which form the basis of the consensus data and any Company information provided is publicly disclosed and available on the Company’s website, from Euronext.com, londonstockexchange.com and/or filed with the US Securities and Exchange Commission . The figures presented represent the arithmetic average of the submissions that have been provided, with each submission being given equal weight. Moreover, the data has not been adjusted to exclude any submission. It is assumed that the submissions reflect the analysts’ genuine opinions, forecasts, estimates, projections and predictions and that the analysts will, if relevant, identify and disclose all conflicts of interest that are known or reasonably expected to be known to relate to them. No analyst has been paid a fee, commission or received a non-monetary benefit from the Company or any person connected to the Company for their submission.