Coca-Cola HBC AG

Public consensus   -   Last updated 09/02/21

Reporting currency: EUR
Reporting unit: Millions
 
NO. OF
FORECASTS
FY20
CONSENSUS
09/02/21
FY20
MIN
FY20
MAX
Growth rates (%)
Volume (%)
Established
17
(13.6)
(14.5)
(10.0)
Developing
17
(4.4)
(8.0)
(3.3)
Emerging
17
(2.7)
(5.0)
(1.6)
Total Volume (%)
17
(6.0)
(7.0)
(5.3)
Implied year on year volume growth like-for-like (%)
Established
15
(13.9)
(14.5)
(13.1)
Developing
15
(4.2)
(4.7)
(3.3)
Emerging
15
(0.6)
(3.4)
0.6
Total implied year on year volume growth like-for-like (%)
16
(5.1)
(6.9)
(4.4)
FXN net sales revenue reported (%)
Established
16
(14.0)
(15.0)
(12.7)
Developing
16
(9.9)
(13.0)
(4.7)
Emerging
16
(6.0)
(12.7)
(4.7)
Total FXN net sales revenue reported (%)
16
(9.6)
(12.8)
(7.9)
FXN net sales revenue per unit case reported (%)
Established
16
(0.2)
(0.8)
0.4
Developing
16
(6.3)
(9.4)
(4.7)
Emerging
16
(3.7)
(10.2)
(1.7)
Total FXN net sales revenue per unit case reported (%)
16
(3.9)
(7.1)
(2.4)
Implied year on year FX-neutral revenue like-for-like (%)
Established
15
(14.0)
(15.0)
(12.5)
Developing
15
(10.2)
(11.0)
(8.4)
Emerging
16
(3.2)
(4.5)
(1.8)
Total - Implied year on year FX-neutral revenue like-for-like (%)
16
(8.4)
(9.4)
(6.8)
Absolute values (€m)
Volume reported (in mUC)
Established
17
539.4
533.9
562.1
Developing
17
412.1
396.6
417.0
Emerging
17
1,179.8
1,148.5
1,190.1
Total Volume
17
2,131.4
2,107.2
2,139.3
Net sales revenue reported
Established
17
2,181.3
2,151.7
2,220.5
Developing
17
1,177.8
1,156.1
1,201.8
Emerging
17
2,791.2
2,714.6
2,908.5
Total Reported Revenues
17
6,150.3
6,044.0
6,310.7
Implied Net sales revenue like-for-like
Established
15
2,178.5
2,151.7
2,202.9
Developing
15
1,180.8
1,156.1
1,219.6
Emerging
15
2,845.6
2,714.5
3,045.8
Total - Implied Net sales revenue like-for-like
15
6,210.0
6,063.1
6,468.3
Comparable Gross Profit
14
2,269.6
2,161.4
2,351.8
Comparable OPEX
14
1,632.4
1,196.7
1,732.1
EBIT
16
599.6
579.6
619.7
Comparable EBIT
Established
16
183.1
173.3
193.4
Developing
16
106.4
97.6
121.1
Emerging
16
327.0
295.4
345.0
Total Comparable EBIT
16
616.5
593.0
651.4
Implied comparable EBIT like-for-like
Established
15
182.9
173.3
193.4
Developing
15
105.4
97.6
116.8
Emerging
15
312.2
279.4
342.8
Total - Implied comparable EBIT like-for-like
15
600.5
577.1
620.0
PBT
17
531.1
464.5
557.4
Comparable PBT
15
551.2
522.0
590.3
Tax
17
134.7
121.7
150.5
Comparable Tax
16
138.8
130.1
150.5
Net profit
17
396.0
342.8
417.2
Comparable Net profit
16
418.5
399.0
505.0
Other Items
Exceptionals/One Off/Restructuring
17
(18.1)
(56.0)
(5.1)
Net Finance Costs
17
(70.2)
(76.8)
(65.3)
Capital Expenditure
17
375.3
270.2
424.9
Depreciation & Amortization (incl. Emp Share opt)
17
387.0
339.0
425.3
EPS (€)
16
1.09
1.01
1.15
Comparable EPS (€)
17
1.13
1.05
1.21
DPS (€)
17
0.52
0.35
0.62
Free Cashflow (€m)
17
392.53
81.77
608.63
Ratios (%)
Comparable Gross Profit Margin (%)
14
37.0
35.2
38.1
Comparable Opex/Sales (%)
14
26.6
19.5
28.1
Comparable EBIT Margin (%)
16
10.0
9.6
10.4
Comparable EBIT Margin like-for-like
15
9.7
9.2
10.2
Comparable Effective Tax Rate (%)
15
25.1
24.0
25.5
Capital Expenditure/Sales (%)
17
6.1
4.4
6.9

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