FTSE 100 hits fresh four-month high on US-China trade talk optimism and European banking boost February 15, 2019 The FTSE 100 ended a good week in strong fashion as optimism over the US-China trade dispute and the possibility of fresh stimulus measures for Eurozone banks boosted markets. The UK’s blue chip index rose to a fresh four-month high and closed 0.6 per cent up for the day at 7,237 points. European markets also rose as [...]
Coca-Cola bottler core profits fizz February 14, 2019 A soft drinks bottler led the FTSE 100 market fallers this morning after analysts noted that finance costs had offset strong organic growth, which has been boosted by a rise in appetite for sparkling beverages and a return to growth in its key Russian market. The figures Coca-Cola HBC AG said this morning that profits before [...]
FTSE 100 roundup: Today’s winners and losers February 1, 2019 The FTSE 100 finished 0.74 per cent up today, nudging just above 7,000 points to finish on 7,020.22. The index was bolstered by weakness in the pound after the release of further disappointing manufacturing statistics this morning. Sterling has had a tough end to an already difficult week, falling 0.3 per cent against the dollar, striking a [...]
Shares fizz as Coca-Cola bottler reports rising revenue November 8, 2018 Shares at Coca-Cola HBC climbed five per cent in morning trading as the fizzy drinks bottler posted rising revenue on the back of higher demand in its international markets. The Swiss-based firm, which is the world’s second-largest Coca-Cola anchor bottler, led the FTSE 100 this morning after reporting revenues of €1.87bn (£1.63bn)in the third-quarter, rising [...]
Coca Cola HBC appoints Zoran Bogdanovic as new CEO following death of Dimitris Lois December 7, 2017 FTSE 100 bottling firm Coca-Cola HBC has appointed Zoran Bogdanovic as chief executive. He replaces Dimitris Lois, who passed away in October. Shares in the company nudged up slightly in early trading, reaching 2,342p. Bogdanovic is currently a region director for the firm, which is one of the largest bottling companies for Coca-Cola in the [...]
Coca Cola HBC shares rally as board confirms succession plan in progress after sudden death of CEO Dimitris Lois November 9, 2017 FTSE 100 bottling firm Coca Cola HBC said this morning that it has started a succession process following the sudden death of its chief executive last month. Dimitris Lois passed away early last month, just weeks after announcing he was temporarily stepping down on medical leave. Read more: Coca-Cola HBC AG leads FTSE 100 top [...]
Coca-Cola HBC shares soar as growth accelerates August 10, 2017 Shares in FTSE 100 firm Coca-Cola HBC (CCH) were up nearly eight per cent today after the company revealed an acceleration in revenue growth during the second quarter. CCH is a leading bottler of drinks giant Coca-Cola, having first been awarded the contract nearly 50 years ago. Read more: Eight Davids, seven Steves, six women: [...]
Kraft Heinz bid for Unilever adds flavour to London’s end-of-week trading February 17, 2017 Food firm Unilever propped up the FTSE 100 after US competitor Kraft Heinz made a huge $143bn (£115bn) merger offer for the London-listed firm to inject some energy to trading at the end of the week. Unilever’s share price popped by 13.43 per cent as it briefly reached an all-time record high on the news, [...]
Shares in the leading Coca-Cola bottling firm are fizzing as profit shoots up February 16, 2017 Leading drinks bottler Coca-Cola Hellenic Bottling Company (HBC) today reached the top spot on the FTSE 100 risers' board as it announced its profit beat expectations yet again. The figures The soft drinks bottler's net profit jumped 22.5 per cent to €343.5m (£292.3m) from €280.3m for the year ended 31 December 2016. Net sales revenue lifted three per cent [...]
Coca-Cola HBC AG’s share price fizzes on popping profits August 11, 2016 A leading Coca-Cola bottler has jumped to the top of the blue chips today as its share price fizzed seven per cent on better-than-expected results. The figures Cost efficiencies and better pricing in established markets drove Coca-Cola HBC AG's operating profit up 10.8 per cent to €220.6m (£188.8m) in the six months to 1 July, from €199.1m in the same period [...]