Coca-Cola HBC AG

Public consensus   -   Last updated 05/05/21

Contributors

  • 16 Q1 FY21 based on
  • 16 FY21 based on
  • 16 FY22 based on
  • 15 FY23 based on
Reporting currency: EUR
Reporting unit: Millions
Q1 FY21
CONSENSUS
05/05/21
FY21
CONSENSUS
05/05/21
FY22
CONSENSUS
05/05/21
FY23
CONSENSUS
05/05/21
Growth rates (%)
Volume (%)
Established
(5.3)
8.8
3.2
1.3
Developing
(10.3)
0.3
4.1
2.7
Emerging
2.8
6.7
4.7
4.4
Total Volume (%)
(1.5)
6.2
4.2
3.3
Volume like-for-like (%)
Established
(5.2)
8.4
3.2
1.3
Developing
(10.3)
0.1
4.1
2.6
Emerging
7.2
8.3
4.6
4.3
Total volume like-for-like (%)
0.7
6.9
4.2
3.2
FX-neutral net sales revenue per unit case (%)
Established
1.0
1.8
1.9
1.2
Developing
10.6
14.9
2.6
2.5
Emerging
2.0
3.3
2.9
2.9
Total FX-neutral net sales revenue per unit case (%)
2.0
4.7
2.5
1.9
FX-neutral net sales revenue per unit case like-for-like (%)
Established
1.0
1.7
2.0
1.2
Developing
9.8
14.8
2.7
2.5
Emerging
2.7
3.3
2.9
2.8
Total FX-neutral net sales revenue per unit case like-for-like (%)
2.1
4.7
2.5
1.9
FX-neutral net sales revenue (%)
Established
(4.1)
10.8
5.6
2.7
Developing
(0.4)
15.9
6.9
5.4
Emerging
5.6
10.6
7.7
7.5
Total FX-neutral net sales revenue (%)
1.1
11.7
6.9
5.4
FX-neutral revenue like-for-like (%)
Established
(4.1)
10.8
5.8
2.7
Developing
(1.2)
15.7
7.0
5.3
Emerging
10.2
12.1
7.6
7.3
Total FX-neutral revenue like-for-like (%)
3.1
12.5
7.0
5.3
Absolute values (€m)
Volume (m unit cases)
Established
117.1
584.2
602.6
610.6
Developing
81.9
413.2
430.3
442.9
Emerging
277.2
1,268.7
1,328.0
1,382.3
Total Volume (m unit cases)
476.2
2,266.1
2,360.8
2,435.7
Volume like-for-like (m unit cases)
Established
117.2
581.9
598.9
606.7
Developing
81.5
412.3
428.8
440.2
Emerging
287.4
1,285.4
1,329.8
1,382.5
Total Volume like-for-like (m unit cases)
486.1
2,279.6
2,262.5
2,323.1
Net sales revenue
Established
476.4
2,403.3
2,527.9
2,592.8
Developing
247.8
1,345.2
1,433.2
1,510.6
Emerging
620.9
2,925.3
3,113.9
3,308.8
Total Net sales revenue
1,345.1
6,673.8
7,075.0
7,412.2
Net sales revenue like-for-like
Established
475.8
2,405.6
2,533.2
2,606.9
Developing
247.9
1,334.5
1,431.4
1,509.0
Emerging
680.4
3,038.3
3,138.8
3,334.0
Total Net sales revenue like-for-like
1,405.4
6,781.9
7,105.8
7,452.5
Comparable Gross Profit
-
2,480.8
2,643.7
2,752.7
Comparable OPEX
-
1,713.2
1,804.8
1,856.0
EBIT
-
736.0
809.2
869.0
Comparable EBIT
Established
-
247.3
267.2
279.1
Developing
-
117.8
132.8
145.0
Emerging
-
381.3
417.8
453.6
Total Comparable EBIT
-
746.3
817.7
877.6
Comparable EBIT like-for-like
Established
-
247.7
269.4
279.9
Developing
-
119.6
134.5
146.7
Emerging
-
388.7
414.4
447.4
Total - Comparable EBIT like-for-like
-
756.0
818.3
874.0
Profit Before Tax
-
677.4
755.1
819.6
Comparable Profit Before Tax
-
688.2
764.0
828.7
Tax
-
177.1
197.1
211.5
Comparable Tax
-
179.8
199.7
214.3
Net profit
-
500.0
557.8
607.7
Comparable Net profit
-
508.3
564.3
614.3
Other Items
Exceptionals/One Off/Restructuring
-
(10.4)
(8.5)
(8.7)
Net Finance Costs
-
(62.8)
(58.5)
(53.3)
Capital Expenditure
-
477.6
481.4
503.1
Depreciation & Amortization (incl. Emp Share opt)
-
390.6
406.5
424.0
EPS (€)
-
1.37
1.53
1.67
Comparable EPS (€)
-
1.40
1.55
1.68
DPS (€)
-
0.66
0.72
0.77
Free Cashflow (€m)
-
355.21
490.11
533.41
Ratios (%)
Comparable Gross Profit Margin (%)
n/a
37.3
37.5
37.3
Comparable Opex/Sales (%)
n/a
25.7
25.6
25.1
Comparable EBIT Margin (%)
n/a
11.2
11.6
11.8
Comparable EBIT Margin like-for-like
n/a
11.2
11.6
11.8
Comparable Effective Tax Rate (%)
n/a
26.1
26.1
25.9
Capital Expenditure/Sales (%)
n/a
7.2
6.8
6.8

Disclaimer

Coca-Cola Hellenic Bottling Company AG (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 shares in 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 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. The Company uses Vuma Financial Ltd. to collect and analyse the submissions which form the basis of the consensus data. 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. The Company assumes that the submissions reflect the analysts’ genuine opinions, forecasts, estimates, projections and predictions. The analysts will, if relevant, identify and disclose all conflicts of interest that are known or reasonablu 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.

The consensus data is based on the investment analysts' opinions, forecasts, estimates, projections and predictions regarding the Company's performance. It does not represent the Company’s own views on its performance nor does the Company or its management endorse or make any representation or warranty in relation to the consensus data. The Company endeavours to ensure that the consensus data is accurate and up-to-date but it is not under an obligation to update the consensus data