Coca-Cola HBC AG

Public consensus   -   Last updated 29/10/20

Reporting currency: EUR
Reporting unit: Millions
 
NO. OF
FORECASTS
FY21
CONSENSUS
29/10/20
FY21
MIN
FY21
MAX
Growth rates (%)
Volume (%)
Established
15
9.1
5.0
12.9
Developing
15
5.1
(4.3)
10.3
Emerging
15
5.2
3.0
8.2
Total Volume (%)
15
6.2
3.1
9.7
Impacts on volume growth which affect like for like analysis (%)
Established
15
-
-
-
Developing
15
-
-
-
Emerging
15
(1.4)
(1.4)
(1.4)
Total impacts on volume growth which affect like for like analysis (%)
15
(0.8)
(0.8)
(0.8)
Implied year on year volume growth like-for-like (%)
Established
15
9.1
5.0
12.9
Developing
15
5.1
(4.3)
10.3
Emerging
15
6.6
4.4
9.6
Total implied year on year volume growth like-for-like (%)
15
7.0
3.9
10.5
FXN net sales revenue reported (%)
Established
15
12.1
6.9
18.7
Developing
15
9.8
5.0
13.2
Emerging
15
8.4
4.3
12.4
Total FXN net sales revenue reported (%)
15
10.0
7.4
13.6
FXN net sales revenue per unit case reported (%)
Established
15
2.8
1.0
8.2
Developing
15
4.6
1.8
10.6
Emerging
15
3.3
1.2
8.9
Total FXN net sales revenue per unit case reported (%)
15
3.7
2.0
7.3
Impacts on FX-neutral revenue growth which affect like for like analysis (%)
Established
15
-
-
-
Developing
15
-
-
-
Emerging
15
(1.9)
(1.9)
(1.9)
Total Impacts on FX-neutral revenue growth which affect like for like analysis …
15
(0.8)
(0.8)
(0.8)
Implied year on year FX-neutral revenue like-for-like (%)
Established
15
12.1
6.9
18.7
Developing
15
9.8
5.0
13.2
Emerging
15
10.3
6.2
14.3
Total - Implied year on year FX-neutral revenue like-for-like (%)
15
10.8
8.2
14.4
Absolute values (€m)
Volume reported (in mUC)
Established
15
600.4
564.9
624.8
Developing
15
432.9
397.5
452.7
Emerging
15
1,237.4
1,193.6
1,281.9
Total Volume
15
2,270.8
2,220.0
2,359.4
Net sales revenue reported
Established
15
2,460.4
2,365.1
2,613.1
Developing
15
1,290.4
1,238.5
1,346.3
Emerging
15
2,909.3
2,674.3
3,332.3
Total Reported Revenues
15
6,660.1
6,349.1
7,174.8
Impacts on Net sales revenue reported which affect like for like analysis
Established
15
-
-
-
Developing
15
-
-
-
Emerging
9
(52.1)
(89.3)
(20.6)
Total - Impacts on Net sales revenue reported which affect like for like analys…
9
(52.1)
(89.3)
(20.6)
Implied Net sales revenue like-for-like
Established
9
2,457.4
2,402.5
2,507.4
Developing
9
1,289.3
1,248.2
1,329.2
Emerging
9
2,948.6
2,774.0
3,173.3
Total - Implied Net sales revenue like-for-like
9
6,695.3
6,490.9
6,848.9
Comparable Gross Profit
13
2,455.5
2,193.6
2,575.9
Comparable OPEX
13
1,712.6
1,359.8
1,842.4
EBIT
15
713.6
670.5
786.9
Comparable EBIT
Established
15
236.2
222.3
254.9
Developing
15
132.7
115.6
144.7
Emerging
15
351.4
330.5
419.3
Total Comparable EBIT
15
720.3
687.4
786.9
Impacts on comparable EBIT which affect like for like analysis
Established
7
-
-
-
Developing
7
-
-
-
Emerging
9
1.8
-
6.0
Total - Impacts on comparable EBIT which affect like for like analysis
9
1.8
-
6.0
Implied comparable EBIT like-for-like
Established
15
236.2
222.3
254.9
Developing
15
132.7
115.6
144.7
Emerging
15
350.3
329.3
419.3
Total - Implied comparable EBIT like-for-like
15
719.2
686.1
786.9
PBT
14
656.5
609.5
688.9
Comparable PBT
15
663.7
629.5
729.9
Tax
14
141.3
(171.8)
186.1
Comparable Tax
15
167.3
157.4
186.1
Net profit
14
490.2
456.7
511.3
Comparable Net profit
15
497.3
471.7
543.2
Other Items
Exceptionals/One Off/Restructuring
13
(7.7)
(30.1)
-
Net Finance Costs
15
(63.1)
(75.6)
(55.0)
Capital Expenditure
15
450.8
407.4
498.5
Depreciation & Amortization (incl. Emp Share opt)
15
396.9
363.2
430.5
EPS (€)
14
1.35
1.26
1.41
Comparable EPS (€)
15
1.37
1.30
1.49
DPS (€)
15
0.62
0.57
0.70
Free Cashflow (€m)
15
519.65
448.26
655.45
Ratios (%)
Comparable Gross Profit Margin (%)
13
37.1
34.5
38.5
Comparable Opex/Sales (%)
13
25.9
20.3
27.5
Comparable EBIT Margin (%)
15
10.8
10.4
11.2
Comparable EBIT Margin like-for-like
15
10.8
10.3
11.1
Comparable Effective Tax Rate (%)
15
25.2
24.7
26.2
Capital Expenditure/Sales (%)
15
6.8
6.3
7.5

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