Coca-Cola HBC AG

Public consensus   -   Last updated 29/10/20

Reporting currency: EUR
Reporting unit: Millions
 
NO. OF
FORECASTS
FY20
CONSENSUS
29/10/20
FY20
MIN
FY20
MAX
Growth rates (%)
Volume (%)
Established
15
(11.8)
(13.9)
(7.9)
Developing
15
(4.4)
(5.9)
(3.6)
Emerging
15
(2.6)
(5.0)
0.2
Total Volume (%)
15
(5.5)
(6.9)
(4.3)
Impacts on volume growth which affect like for like analysis (%)
Established
15
-
-
-
Developing
15
-
-
-
Emerging
15
(2.2)
(2.2)
(2.2)
Total impacts on volume growth which affect like for like analysis (%)
15
(1.2)
(1.2)
(1.2)
Implied year on year volume growth like-for-like (%)
Established
15
(11.8)
(13.9)
(7.9)
Developing
15
(4.4)
(5.9)
(3.6)
Emerging
15
(0.4)
(2.8)
2.4
Total implied year on year volume growth like-for-like (%)
15
(4.3)
(5.7)
(3.1)
FXN net sales revenue reported (%)
Established
15
(13.2)
(15.9)
(10.8)
Developing
15
(9.2)
(11.8)
(6.9)
Emerging
15
(5.1)
(8.4)
(0.6)
Total FXN net sales revenue reported (%)
15
(8.7)
(10.7)
(5.8)
FXN net sales revenue per unit case reported (%)
Established
15
(1.4)
(2.6)
(0.1)
Developing
15
(4.7)
(6.0)
(3.8)
Emerging
15
(2.4)
(5.6)
2.8
Total FXN net sales revenue per unit case reported (%)
15
(3.3)
(5.2)
(1.3)
Impacts on FX-neutral revenue growth which affect like for like analysis (%)
Established
15
-
-
-
Developing
15
-
-
-
Emerging
15
(2.9)
(2.9)
(2.9)
Total Impacts on FX-neutral revenue growth which affect like for like analysis …
15
(1.1)
(1.1)
(1.1)
Implied year on year FX-neutral revenue like-for-like (%)
Established
15
(13.2)
(15.9)
(10.8)
Developing
15
(9.2)
(11.8)
(6.9)
Emerging
15
(2.2)
(5.5)
2.3
Total - Implied year on year FX-neutral revenue like-for-like (%)
15
(7.6)
(9.6)
(4.7)
Absolute values (€m)
Volume reported (in mUC)
Established
15
550.5
537.9
575.0
Developing
15
412.0
405.7
415.7
Emerging
15
1,175.9
1,147.7
1,211.5
Total Volume
15
2,138.4
2,106.8
2,166.6
Net sales revenue reported
Established
15
2,197.5
2,141.7
2,257.1
Developing
15
1,190.8
1,157.6
1,235.8
Emerging
15
2,799.4
2,702.2
2,967.1
Total Reported Revenues
15
6,187.8
6,059.4
6,413.1
Impacts on Net sales revenue reported which affect like for like analysis
Established
15
-
-
-
Developing
15
-
-
-
Emerging
14
(74.3)
(101.0)
(41.7)
Total - Impacts on Net sales revenue reported which affect like for like analys…
14
(74.3)
(101.0)
(41.7)
Implied Net sales revenue like-for-like
Established
14
2,193.2
2,141.7
2,247.3
Developing
14
1,192.1
1,157.6
1,235.8
Emerging
14
2,870.7
2,788.5
3,032.6
Total - Implied Net sales revenue like-for-like
14
6,256.1
6,140.7
6,476.0
Comparable Gross Profit
13
2,277.1
2,120.8
2,381.5
Comparable OPEX
13
1,654.2
1,270.3
1,801.9
EBIT
15
589.3
563.4
663.7
Comparable EBIT
Established
15
179.3
165.8
213.8
Developing
15
104.3
97.8
124.5
Emerging
15
318.3
282.7
349.6
Total Comparable EBIT
15
601.8
580.1
663.7
Impacts on comparable EBIT which affect like for like analysis
Established
15
-
-
-
Developing
15
-
-
-
Emerging
15
16.0
16.0
16.0
Total - Impacts on comparable EBIT which affect like for like analysis
15
16.0
16.0
16.0
Implied comparable EBIT like-for-like
Established
15
179.3
165.8
213.8
Developing
15
104.3
97.8
124.5
Emerging
15
302.3
266.7
333.6
Total - Implied comparable EBIT like-for-like
15
585.8
564.1
647.7
PBT
14
519.2
500.5
546.6
Comparable PBT
15
535.4
509.1
602.6
Tax
14
112.7
(136.6)
153.7
Comparable Tax
15
135.3
128.8
153.7
Net profit
14
386.5
373.5
407.4
Comparable Net profit
15
401.1
388.3
448.4
Other Items
Exceptionals/One Off/Restructuring
13
(14.5)
(25.9)
(5.1)
Net Finance Costs
15
(70.6)
(76.8)
(64.9)
Capital Expenditure
15
384.7
311.2
441.2
Depreciation & Amortization (incl. Emp Share opt)
15
386.1
337.7
424.6
EPS (€)
14
1.06
1.03
1.12
Comparable EPS (€)
15
1.10
1.07
1.23
DPS (€)
15
0.52
0.35
0.63
Free Cashflow (€m)
15
357.75
106.54
525.64
Ratios (%)
Comparable Gross Profit Margin (%)
13
36.9
35.0
38.0
Comparable Opex/Sales (%)
13
26.8
20.3
28.4
Comparable EBIT Margin (%)
15
9.7
9.2
10.3
Comparable EBIT Margin like-for-like
15
9.4
8.9
10.0
Comparable Effective Tax Rate (%)
15
25.3
24.6
26.2
Capital Expenditure/Sales (%)
15
6.2
4.9
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