(RTTNews) – Coca-Cola HBC (CCHGY), a strategic bottling partner of The Coca-Cola Company, reported that its third quarter net sales revenue increased 8.9% to 3.05 billion euros from 2.80 billion euros in the prior year. Organic revenue growth was 13.9%.
Quarterly organic volumes increased by 4.0%, driven by contributions from all segments; growth was led by strategic priority categories, with Sparkling up 3.9%, Energy up 28.0%, and Coffee up 35.6%.
Organic revenue per case was up 9.5%, driven by targeted revenue growth management initiatives.
Looking ahead for the full year 2024, the company now expects organic EBIT growth to be in the range of 10% to 12% and organic revenue growth of 11% to 13%. Previously, the company expected organic revenue growth of 8% to 12%, and organic EBIT growth of 7% to 12%.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.