Coca-Cola HBC AG

Public consensus   -   Last updated 06/11/19

Reporting currency: EUR
Reporting unit: Millions
 
NO. OF
FORECASTS
FY20
CONSENSUS
06/11/19
FY20
MIN
FY20
MAX
Coca-Cola Hellenic (€m)
Reported volume (m unit cases)
Established
12
629.2
624.6
634.9
Developing
12
447.7
441.2
459.0
Emerging
12
1,258.4
1,236.5
1,295.7
Total Volume
12
2,335.3
2,305.8
2,373.1
Organic Volume (m unit cases)
Established
9
627.6
624.6
631.5
Developing
9
446.2
441.2
452.9
Emerging
9
1,241.5
1,223.9
1,265.0
Total Organic Volume
9
2,315.3
2,292.0
2,342.4
Reported Revenues
Established
14
2,588.0
2,555.8
2,644.8
Developing
14
1,433.1
1,389.8
1,486.5
Emerging
14
3,373.4
3,227.4
3,477.6
Total Reported Revenues
14
7,394.6
7,241.8
7,523.9
Comparable Gross Profit
13
2,828.2
2,749.2
2,901.2
Comparable Gross Profit Margin (%)
13
38.2
37.9
39.6
Comparable OPEX
13
(2,005.7)
(2,082.0)
(1,941.5)
Comparable Opex/Sales (%)
13
(27.1)
(28.5)
(26.6)
Comparable EBIT
Established
14
266.3
249.0
284.2
Developing
14
160.3
147.9
190.9
Emerging
14
396.3
374.2
420.8
Total Comparable EBIT
14
822.9
800.1
847.7
Comparable EBIT Margin (%)
14
11.1
11.0
11.3
Exceptionals/One Off/Restructuring
10
(16.5)
(41.5)
(0.1)
EBIT
14
810.5
767.3
828.1
EBIT Margin (%)
14
11.0
10.5
11.2
Net Finance Costs
14
58.8
-
83.6
PBT
14
759.9
707.0
796.1
Comparable PBT
14
770.9
737.2
796.1
Tax
14
188.4
145.6
200.9
Effective Tax Rate (%)
14
24.8
20.0
26.5
Comparable Tax
14
191.4
150.6
203.9
Comparable Effective Tax Rate (%)
14
24.8
20.0
26.5
Net profit
14
570.8
528.3
596.4
Comparable Net profit
14
580.0
559.3
601.6
EPS
14
1.57
1.44
1.62
Comparable EPS
14
1.60
1.52
1.76
Other Items
Depreciation & Amortization (incl. Emp Share opt)
14
377.2
322.4
415.2
Capital Expenditure
14
492.77
425.83
526.67
Capital Expenditure/Sales (%)
14
6.66
5.70
7.00
Free Cashflow
14
533.72
423.72
714.63
DPS
14
0.71
0.65
0.80
Change in FX-neutral net sales revenue per case (%)
Established
12
1.3
0.7
1.8
Developing
12
2.7
1.6
4.0
Emerging
12
3.2
2.0
6.6
Change in total FX-neutral net sales revenue per case (%)
12
2.1
1.1
3.4
Change in organic net sales revenue per case (%)
Established
4
1.4
0.7
1.7
Developing
4
3.1
2.0
4.0
Emerging
4
2.9
2.0
4.0
Change in total organic net sales revenue per case (%)
4
2.1
1.6
2.5

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