Latest news with #CCEP
Yahoo
a day ago
- Business
- Yahoo
Is Coca-Cola Europacific Partners (CCEP) Outperforming Other Consumer Staples Stocks This Year?
For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Coca-Cola European (CCEP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question. Coca-Cola European is one of 178 companies in the Consumer Staples group. The Consumer Staples group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Coca-Cola European is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for CCEP's full-year earnings has moved 4.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the latest available data, CCEP has gained about 19.2% so far this year. In comparison, Consumer Staples companies have returned an average of 7.4%. As we can see, Coca-Cola European is performing better than its sector in the calendar year. Another Consumer Staples stock, which has outperformed the sector so far this year, is BJ's Wholesale Club (BJ). The stock has returned 25% year-to-date. For BJ's Wholesale Club, the consensus EPS estimate for the current year has increased 1.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, Coca-Cola European is a member of the Beverages - Soft drinks industry, which includes 16 individual companies and currently sits at #36 in the Zacks Industry Rank. Stocks in this group have gained about 8.3% so far this year, so CCEP is performing better this group in terms of year-to-date returns. In contrast, BJ's Wholesale Club falls under the Consumer Products - Staples industry. Currently, this industry has 38 stocks and is ranked #144. Since the beginning of the year, the industry has moved +1.8%. Coca-Cola European and BJ's Wholesale Club could continue their solid performance, so investors interested in Consumer Staples stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Coca-Cola Europacific Partners (CCEP) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
7NEWS
4 days ago
- Business
- 7NEWS
Brisbane cracks open $75m mega Coca-Cola canning line to quench energy drink thirst
With energy drink demand bubbling over, Coca-Cola Europacific Partners (CCEP) has poured $75 million into a new mega canning line in Australia. The state-of-the-art production line at the company's Richlands site in Brisbane, Queensland, was recently opened — and unveiled a rare glimpse inside the factory. WATCH THE VIDEO ABOVE: Coke's largest canning line unveiled in Brisbane. If canning at full capacity, the new line pumps out 2,000 cans per minute, 120,000 per hour, and nearly three million each day. It is set to keep up with the nation's craving for high-caffeine drinks such as Monster and Mother, as well as fizzy favourites such as Coca-Cola, Sprite and Fanta. 'This is a landmark moment for our operations in Australia,' CCEP Australia managing director Orlando Rodriguez said. 'Richlands is our largest manufacturing site in our Australian network, and now it's home to our most efficient and largest canning line to date in our global network — bolstering Queensland 's thriving manufacturing industry and supporting Aussie jobs.' The 18-month build provided work for more than 250 local contractors and the new line has already created 18 full-time jobs. 'It's a real win for Queensland manufacturing and a real win for local jobs, ' CCEP Australian director of manufacturing Tom Scheibling said. 'It really is a major investment in our people here in Richlands.' Rodriguez said the investment reflects the company's commitment to local production and reducing environmental impact. 'Our philosophy is centred on making it where we sell it — reducing the distance our products travel, cutting emissions and keeping shelves stocked more efficiently.' The new line is as smart as it is speedy, using room-temperature can filling to slash energy use by 23 per cent compared with older lines. A boosted water treatment system ups water efficiency by 67 per cent. Coca-Cola drinks have been made in Australia for nearly 90 years. The company now employs more than 3,000 people nationwide — more than 700 of them in Queensland.
Yahoo
14-05-2025
- Business
- Yahoo
Coca-Cola Europacific Partners plc Announces Capital Markets Event
UXBRIDGE, UNITED KINGDOM / / May 14, 2025 / CCEP today hosts a Capital Markets Event in Manila for analysts and investors. Chair Sol Daurella, Chief Executive Damian Gammell and members of the executive leadership team will present our growth strategy and key enablers to drive the delivery of our mid-term growth objectives and continued shareholder value. Presentations will explain how we are: building off a great track record well positioned, with clear category growth opportunities scaling our business across multiple key capabilities accelerating productivity through technology to drive growth investing for the long-term with plans in place delivering continued shareholder value We are also today re-affirming our mid-term growth objectives, which comprise: Comparable FX-neutral revenue growth of ~4% Comparable operating profit growth ~7% Comparable free-cashflow of at least €1.7 billion Net debt: EBITDA of 2.5-3.0x Comparable ROIC growth of ~50bps per annum Capex ~4-5% of revenue Dividend payout ratio of ~50% Presentations are now available on our website with a recording of the webcast available later in the day. To access the slides & webcast please register your details using the following link About us CCEP is one of the world's leading consumer goods companies. We make, move and sell some of the world's most loved brands - serving nearly 600 million consumers and helping over 4 million customers across 31 countries grow. We combine the strength and scale of a large, multi-national business with an expert, local knowledge of the customers we serve and communities we support. The Company is currently listed on Euronext Amsterdam, NASDAQ, London Stock Exchange and on the Spanish Stock Exchanges, and a constituent of both the NASDAQ 100 and FTSE 100 indices, trading under the symbol CCEP. For more information about CCEP, please visit and follow CCEP on LinkedIn Enquiries General Counsel and Company Secretary: Clare Wardle secretariat@ Investor Relations: Sarah Willett Media: mediaenquiries@ Forward-Looking Statements This document contains statements, estimates or projections that constitute "forward-looking statements" concerning the financial condition, performance, results, guidance and outlook, dividends, consequences of mergers, acquisitions, joint ventures, divestitures, strategy and objectives of Coca-Cola Europacific Partners plc and its subsidiaries (together CCEP or the Group). Generally, the words "ambition", "target", "aim", "believe", "expect", "intend", "estimate", "anticipate", "project", "plan", "seek", "may", "could", "would", "should", "might", "will", "forecast", "outlook", "guidance", "possible", "potential", "predict", "objective" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks that could cause actual results to differ materially. Forward-looking statements are based upon various assumptions as well as CCEP's historical experience and present expectations or projections. As a result, undue reliance should not be placed on forward-looking statements, which speak only as of the date on which they are made. Factors that, in CCEP's view, could cause such actual results to differ materially from forward looking statements include, but are not limited to, those set forth in the "Risk Factors" section of CCEP's 2024 Annual Report on Form 20-F filed with the SEC on 21 March 2025 and subsequent filings, including, but not limited to: changes in the marketplace; changes in relationships with large customers; adverse weather conditions; importation of other bottlers' products into our territories; deterioration of global and local economic and political conditions; uncertainty and volatility from the impact and extent of actual and promised tariff adjustments; increases in costs of raw materials; changes in interest rates or debt rating; deterioration in political unity within the European Union; defaults of or failures by counterparty financial institutions; changes in tax law in countries in which we operate; additional levies of taxes, including tariff adjustments; legal changes in our status; waste and pollution, health concerns perceptions, and recycling matters related to packaging; global or regional catastrophic events; cyberattacks against us or our customers or suppliers; technology failures; initiatives to realise cost savings; calculating infrastructure investment; executing on our acquisition strategy; costs, limitations of supplies, and quality of raw materials; maintenance of brand image and product quality; managing workplace health, safety and security; water scarcity and regulations; climate change and legal and regulatory responses thereto; other legal, regulatory and compliance considerations; anti-corruption laws, regulations, and sanction programmes; legal claims against suppliers; litigation and legal proceedings against us; attracting, retaining and motivating employees; our relationship with TCCC and other franchisors; and differing views among our shareholders. Due to these risks, CCEP's actual future financial condition, results of operations, and business activities, including its results, dividend payments, capital and leverage ratios, growth, including growth in revenue, cost of sales per unit case and operating profit, free cash flow, market share, tax rate, efficiency savings, achievement of sustainability goals, including net zero emissions and recycling initiatives, capital expenditures, may differ materially from the plans, goals, expectations and guidance set out in forward-looking statements. These risks may also adversely affect CCEP's share price. CCEP does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable rules, laws and regulations. End This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@ or visit SOURCE: Coca-Cola Europacific Partners plc View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
01-05-2025
- Business
- Business Insider
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: General Mills (GIS) and Coca-Cola Europacific Partners (CCEP)
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on General Mills (GIS – Research Report) and Coca-Cola Europacific Partners (CCEP – Research Report). Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. General Mills (GIS) Bank of America Securities analyst Peter Galbo maintained a Buy rating on General Mills yesterday. The company's shares closed last Wednesday at $56.74, close to its 52-week low of $55.15. According to Galbo is a 2-star analyst with an average return of 0.3% and a 47.6% success rate. Galbo covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and The Hershey Company. The word on The Street in general, suggests a Hold analyst consensus rating for General Mills with a $61.13 average price target. Coca-Cola Europacific Partners (CCEP) Kepler Capital analyst Richard Withagen maintained a Sell rating on Coca-Cola Europacific Partners on April 29 and set a price target of EUR73.00. The company's shares closed last Wednesday at $90.74. According to Withagen is ranked #6925 out of 9437 analysts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coca-Cola Europacific Partners with a $93.43 average price target.
Scottish Sun
23-04-2025
- Business
- Scottish Sun
Iconic fizzy drink brand to launch alcoholic cocktails for the first time
A fizzy favourite is turning up the fun with alcoholic cocktails! IN A FIZZ Iconic fizzy drink brand to launch alcoholic cocktails for the first time Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) ICONIC fizzy drink brand to launch alcoholic cocktails for the first time in major category shake-up. Schweppes has entered the UK's alcoholic drinks market with the launch of Schweppes Mix, a new range of ready-to-drink cocktails. Sign up for Scottish Sun newsletter Sign up 2 This launch comes as Schweppes battles declining sales, which have dropped by nearly 10 per cent to £156.1 million over the past year Credit: The Grocer The move targets rising demand for convenient options at home and before nights out. The two new cocktails, Gin Twist and Paloma Bliss, are available in grocery and convenience stores starting this month, priced at £2.29 per 250ml can. Gin Twist is described as a citrus-forward blend with a clean, refreshing finish, while Paloma Bliss offers a bold combination of grapefruit and tequila. This launch comes as Schweppes battles declining sales, which have dropped by nearly 10 per cent to £156.1 million over the past year, continuing a two-year downward trend. Despite the challenges, Coca-Cola Europacific Partners (CCEP), the UK supplier of Schweppes, is confident that Schweppes Mix will help the brand regain its momentum. Elaine Maher, associate director for alcohol RTD at CCEP GB, said: 'Schweppes Mix is rooted in craft and credibility. "It's a cocktail range made with the same expertise that's earned Schweppes its place behind the bar for over 200 years.' She added that the new line combines premium spirits, bold flavours, and convenience, perfect for both pre-night-out moments and social gatherings at home. The alcoholic drinks market is a growing area for CCEP, which has previously launched other RTD products like Bacardi & Coca-Cola and Absolut & Sprite in the UK. The new Schweppes Mix range is yet another step in their strategy to tap into the booming pre-mixed drink sector. The timing of Schweppes' alcoholic launch is particularly strategic, considering the growing trend of consumers seeking convenience without sacrificing quality. Ready-to-drink cocktails have surged in popularity, driven by people's desire for an easy, fuss-free option that still delivers a great taste. In recent years, the RTD category has experienced rapid growth, particularly in the summer months, with more drinkers looking for something sophisticated but simple. Schweppes Mix looks to tap directly into this demand, offering premium cocktails that can be enjoyed anytime, anywhere. As the brand expands into the alcoholic market, it faces the challenge of competing with established players in the RTD space. Brands like Bacardi, Smirnoff, and Aperol have long had a strong presence in the market, meaning Schweppes will need to leverage its trusted name and long history to stand out.
