Coca-Cola HBC AG

Public consensus   -   Last updated 10/02/20

Reporting currency: EUR
Reporting unit: Millions
 
NO. OF
FORECASTS
FY21
CONSENSUS
10/02/20
FY21
MIN
FY21
MAX
Coca-Cola Hellenic (€m)
Reported volume (m unit cases)
Established
14
636.5
630.2
642.9
Developing
14
458.9
444.5
477.4
Emerging
14
1,309.9
1,270.0
1,343.0
Total Volume
14
2,405.4
2,368.4
2,441.7
Organic Volume (m unit cases)
Established
10
635.9
630.2
642.9
Developing
10
456.4
444.5
468.7
Emerging
10
1,312.6
1,276.0
1,343.0
Total Organic Volume
10
2,404.9
2,383.6
2,441.2
Reported Revenues
Established
14
2,656.3
2,600.6
2,760.0
Developing
14
1,499.9
1,414.9
1,558.0
Emerging
14
3,602.7
3,390.8
3,785.5
Total Reported Revenues
14
7,759.0
7,468.3
7,979.8
Comparable Gross Profit
13
2,982.8
2,850.0
3,126.8
Comparable Gross Profit Margin (%)
13
38.4
37.7
40.1
Comparable OPEX
13
(2,094.6)
(2,249.3)
(1,993.3)
Comparable Opex/Sales (%)
13
(27.0)
(28.6)
(26.2)
Comparable EBIT
Established
14
275.0
252.9
297.3
Developing
14
171.6
147.4
193.0
Emerging
14
441.1
405.5
469.2
Total Comparable EBIT
14
887.6
856.7
933.9
Comparable EBIT Margin (%)
14
11.4
11.0
11.7
Exceptionals/One Off/Restructuring
10
(15.0)
(41.4)
0.1
EBIT
14
876.9
830.6
913.9
EBIT Margin (%)
14
11.3
11.0
11.7
Net Finance Costs
14
61.3
42.9
78.5
PBT
14
829.7
773.3
869.1
Comparable PBT
13
837.7
796.5
889.1
Tax
14
208.8
192.9
220.7
Effective Tax Rate (%)
14
25.2
24.0
26.0
Comparable Tax
13
211.1
197.7
224.2
Comparable Effective Tax Rate (%)
13
25.2
24.0
26.0
Net profit
14
620.3
576.4
650.4
Comparable Net profit
13
626.8
605.3
665.3
EPS
14
1.70
1.57
1.78
Comparable EPS
14
1.72
1.65
1.82
Other Items
Depreciation & Amortization (incl. Emp Share opt)
14
400.4
324.0
464.8
Capital Expenditure
14
514.06
447.51
558.58
Capital Expenditure/Sales (%)
14
6.62
5.77
7.00
Free Cashflow
13
561.13
468.23
673.97
DPS
13
0.76
0.66
0.88
Change in FX-neutral net sales revenue per case (%)
Established
12
1.5
0.7
5.2
Developing
12
2.5
1.5
4.0
Emerging
12
2.8
2.0
4.0
Change in total FX-neutral net sales revenue per case (%)
12
2.1
1.6
3.0
Change in organic net sales revenue per case (%)
Established
11
1.7
0.8
5.2
Developing
11
3.0
1.5
6.6
Emerging
11
3.0
2.0
6.3
Change in total organic net sales revenue per case (%)
11
2.1
1.6
3.0

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