olivLaw · European equity research
Coca-Cola HBC AG CCH.L
United Kingdom · London Stock Exchange · Vertical: Listed companies from United Kingdom
Coca-Cola HBC is one of the largest bottling partners of The Coca-Cola Company, operating in 29 countries across Europe, Africa and the Middle East, with a 24/7 portfolio centred on sparkling, energy and coffee drinks. The company closed 2025 with solid organic growth, and the acquisition of Coca-Cola Beverages Africa, announced in October, could change the group's growth profile. Annual revenue reached 11604.5 million EUR, and organic revenue growth was 8.1%.
At the close of 05 Nov 2026, Coca-Cola HBC AG (CCH.L) stock was 40.52 GBP (−17.88% on the day), with beta 0.41, 52-week range 35.14–51.70 GBP.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 34.2
- weak (30–45)
- Bollinger (20, 2)
- 41.36 – 49.33
- below the lower band · %B -0.10 · band width 17.6%
- SMA 50 / 200
- 44.77 / 45.00
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- 0.47 / 0.58
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | −4.3% | +0.4% | −4.7 pp | — |
| 3 months | −17.6% | −3.3% | −14.3 pp | — |
| 6 months | −6.8% | +4.0% | −10.8 pp | — |
| Year to date | +5.5% | +8.1% | −2.6 pp | — |
| 1 year | +15.1% | +10.7% | +4.4 pp | +5.8% |
| 3 years | +91.0% | +50.1% | +41.0 pp | +26.3% |
| 5 years | +56.9% | +43.6% | +13.3 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
the price (USD) and the reports are in different currencies
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2024 | 2025 |
|---|---|---|
| Revenue | 10.8 bn | 11.6 bn |
| Revenue YoY | unavailable | +7.9% |
| Net income | 820.6 m | 940.4 m |
| Net income YoY | unavailable | +14.6% |
| Diluted EPS | 2.25 | 2.59 |
| Diluted EPS YoY | unavailable | +15.1% |
| net % | 7.6% | 8.1% |
| Free cash flow | 776.5 m | 760.9 m |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 2.5 bn EUR
- Financial debt
- 3.1 bn EUR
- Net debt
- 565.7 m EUR
- Equity
- 3.9 bn EUR
- Total assets
- 11.6 bn EUR
- Debt / equity
- 0.79x
- Current ratio
- 1.19x
- ROE
- 26.0%
- ROA
- 8.5%
- FCF margin
- 6.6%
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2024 | 2025 | Source (latest year) |
|---|---|---|---|
| Revenue | 10.8 bn | 11.6 bn | esef· 24 Mar 2026verified |
| Cost of revenue | 6.9 bn | 7.3 bn | esef· 24 Mar 2026verified |
| Gross profit | 3.9 bn | 4.3 bn | esef· 24 Mar 2026verified |
| Operating income | 1.2 bn | 1.3 bn | esef· 24 Mar 2026verified |
| Interest expense | 166.7 m | 131.7 m | esef· 24 Mar 2026verified |
| Pre-tax income | 1.1 bn | 1.3 bn | esef· 24 Mar 2026verified |
| Income tax | 308.3 m | 365.1 m | esef· 24 Mar 2026verified |
| Net income | 820.6 m | 940.4 m | esef· 24 Mar 2026verified |
| Diluted EPS | 2.25 | 2.59 | esef· 24 Mar 2026verified |
Balance sheet · EUR
| Line | 2024 | 2025 | Source (latest year) |
|---|---|---|---|
| Cash | 1.5 bn | 2.5 bn | esef· 24 Mar 2026verified |
| Inventories | 863.9 m | 840.3 m | esef· 24 Mar 2026verified |
| Current assets | 4.6 bn | 4.9 bn | esef· 24 Mar 2026verified |
| Total assets | 10.7 bn | 11.6 bn | esef· 24 Mar 2026verified |
| Long-term debt | 3.1 bn | 3.1 bn | esef· 24 Mar 2026verified |
| Current liabilities | 3.9 bn | 4.1 bn | esef· 24 Mar 2026verified |
| Total liabilities | 7.4 bn | 7.7 bn | esef· 24 Mar 2026verified |
| Equity | 3.3 bn | 3.9 bn | esef· 24 Mar 2026verified |
| Shares outstanding at year end | 364.7 m | 363.1 m | esef· 23 Oct 2026derived |
Cash flow · EUR
| Line | 2024 | 2025 | Source (latest year) |
|---|---|---|---|
| Operating cash flow | 1.4 bn | 1.5 bn | esef· 24 Mar 2026verified |
| Capex | 615.4 m | 752.6 m | esef· 24 Mar 2026verified |
| Free cash flow | 776.5 m ≈ | 760.9 m ≈ | esef· 24 Mar 2026derived |
| Investing cash flow | -820.9 m | 120.1 m | esef· 24 Mar 2026verified |
| Financing cash flow | -205.5 m | -704.8 m | esef· 24 Mar 2026verified |
| Share repurchases | 183.0 m | 0 | esef· 24 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 5 of at least 6
- score weight coverage: 33.3% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: unavailable
Price and reporting are in different currencies; market indicators are unavailable.
Key indicators
Coverage and freshness
Score by group
33% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 29.24 – 45.09 EUR.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (EUR per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · input data missing
- Peers: P/E29.24 – 45.09 (Mid 37.36)17 companies used · median multiple 14.4x · quartiles 11.3x – 17.4x0EV1.L, ABDN.L, ABF.L, AIRE.L, AJB.L, ALFA.L, AMIF.L, APTD.L, ASHM.L, AUTO.L, BAB.L, BAG.L, BATS.L, BBY.L, BCG.L, BKG.L, BME.L
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Assumptions (illustrative, editorial)
- Risk-free rate
- 3.0%
- Equity risk premium
- 5.5%
- Beta (default)
- 1.00
- Cost of equity
- 8.5%
- Terminal growth
- 2.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 20.1% | 75 (vs peers) | 31% |
| Net margin · Quality | 8.1% | 43 (vs peers) | 19% |
| FCF conversion · Quality | 80.9% | 73 (on a fixed band) | 19% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 9.9x | 100 (on a fixed band) | 19% |
| Current ratio · Balance sheet | 1.2x | 33 (on a fixed band) | 13% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet73/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality66/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Coca-Cola HBC AG (CCH.L). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 11.6 bn EUR in 2025; YoY growth 7.9%; net margin 8.1%; ROE 26.7%.
The estimated value range is 29.24–45.09 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 20.1%
- FCF conversion: 80.9%
- Interest coverage: 9.9x
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Listed companies from United Kingdom · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BATS.LBritish American Tobacco P.L.C. | 104.3 bn | 13.5 | 16.5% | 30.3% | −1.0% | +7% / +88% |
| ABF.LAssociated British Foods PLC | 14.7 bn | 14.3 | 9.2% | 5.3% | −3.1% | −5% / −15% |
| 0EV1.LCarnival PLC | 5.5 bn | 4.1 | 46.7% | 13.4% | +6.4% | unavailable / unavailable |
| BAB.LBabcock International Group PLC | 5.1 bn | 24.7 | 34.7% | 4.1% | +7.2% | −10% / +158% |
| AUTO.LAutotrader Group PLC | 4.8 bn | 16.4 | 60.2% | 47.1% | +3.9% | −13% / −23% |
| BBY.LBalfour Beatty PLC | 4.2 bn | 16.3 | 23.2% | 2.8% | +15.2% | +20% / +160% |
| ABDN.LAberdeen Group PLC | 4.1 bn | 10.8 | 8.0% | 28.9% | −2.1% | +11% / +41% |
| BKG.LThe Berkeley Group Holdings PLC | 3.6 bn | 11.3 | 8.8% | 13.4% | −4.2% | −0% / −22% |
| BME.LB&M European Value Retail PLC | 2.9 bn | 17.4 | 21.2% | 2.8% | +3.7% | +68% / −51% |
| AJB.LAj Bell PLC | 2.4 bn | 22.8 | 49.9% | 33.1% | +18.0% | +8% / +128% |
| ASHM.LAshmore Group PLC | 1.4 bn | 13.9 | 13.1% | 71.6% | −0.1% | +28% / +18% |
| BCG.LBaltic Classifieds Group PLC | 1.2 bn | 23.2 | 15.8% | 57.6% | +6.9% | −99% / −99% |
| APN.LApplied Nutrition PLC | 763.6 m | 36.2 | 41.2% | 19.7% | +24.2% | +71% / unavailable |
| BAG.LA.G. Barr P.L.C. | 671.9 m | 14.4 | 14.4% | 10.8% | +4.0% | −7% / +26% |
| ASC.LAsos PLC | 494.5 m | — | -81.3% | -12.0% | −14.7% | +71% / +8% |
| ALFA.LAlfa Financial Software Holdings PLC | 486.8 m | 16.3 | 61.5% | 23.8% | +15.3% | −28% / +10% |
| AML.LAston Martin Lagonda Global Holdings PLC | 344.3 m | — | -93.4% | -39.2% | −20.6% | −45% / −85% |
| APTD.LAptitude Software Group PLC | 111.3 m | 28.5 | 7.2% | 6.2% | −7.3% | −30% / −23% |
| AMGO.LAmigo Holdings PLC | 9.9 m | — | — | — | −81.9% | +325% / +844% |
| ASBE.LAssociated British Engineering PLC | 605.3 k | — | -19.1% | — | unavailable | unavailable / unavailable |
| AMIF.LAmicorp Fs (uk) PLC | 221.6 k | 0.1 | 27.5% | 9.1% | +8.1% | unavailable / unavailable |
| AAF.LAirtel Africa PLC | — | — | 24.1% | 10.6% | +29.5% | −7% / +164% |
| AAL.LAnglo American PLC | — | — | -19.3% | -20.2% | +4.5% | +30% / +76% |
| ACG.LAcg Metals Limited | — | — | -80.3% | -32.0% | +134.8% | +60% / +63% |
| AEP.LAnglo-Eastern Plantations PLC | — | — | 16.1% | 19.5% | +25.0% | +5% / +113% |
1- and 3-year price returns: for CCH.L from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Coca-Cola HBC is one of the largest bottling partners of The Coca-Cola Company, operating in 29 countries across Europe, Africa and the Middle East, with a 24/7 portfolio centred on sparkling, energy and coffee drinks. The company closed 2025 with solid organic growth, and the acquisition of Coca-Cola Beverages Africa, announced in October, could change the group's growth profile. Annual revenue reached 11604.5 million EUR, and organic revenue growth was 8.1%.
SWOT
Strengths
- Broad brand portfolio and a leading position in Sparkling, supported by the strategic relationship with The Coca-Cola Company.
- Geographic diversification across established, emerging and developing markets, which reduces dependence on any single economy.
- Track record of value share gains and cost efficiencies, reinforced by investment in automation and digital tools.
Weaknesses
- High concentration in the Sparkling category, which dominates revenue and exposes the group to shifts in consumer preferences.
- Significant currency exposure in volatile markets, where movements in local currencies can affect reported results.
- Dependence on a single principal partner for concentrate supply and on the contractual terms agreed with The Coca-Cola Company.
Opportunities
- Integrating Coca-Cola Beverages Africa could open growth in markets where per capita consumption is still low.
- Energy and coffee in the Out-of-home channel could support growth if execution remains consistent.
- Expanding single-serve formats and no-sugar variants could address demand for both affordability and healthier options.
Threats
- Regulation of taxes, prices and marketing could limit sales in certain categories and countries.
- Geopolitical instability and currency volatility in Nigeria, Egypt and Russia could affect operations and results.
- A rising frequency of cyber incidents and extreme weather events could disrupt production and distribution.
Risks
- International sanctionshigh
The risk of inadvertent non-compliance with international sanctions remains significant, given the geopolitical environment and the territories in which the company operates.
- Currency volatilityhigh
Exchange rate fluctuations and currency moves in emerging markets could affect reported revenue and profitability.
- Cyber incidentsmedium
Cyber attacks could disrupt operations, compromise sensitive data and generate regulatory and reputational costs.
- Supply interruptionsmedium
Volatility in ingredients and raw materials, together with extreme weather, could prevent product supply to customers for extended periods.
- Product quality and food safetymedium
Quality incidents could lead to product withdrawals, financial costs and damage to brand reputation.
Investment thesis
What would need to be true (bull case)
- Leadership in Sparkling and value share gains provide a solid base, and the African acquisition could open a new long-term growth cycle.
- Geographic diversification and a broad portfolio offer relative protection against shifts in consumption in particular markets.
- Investment in digital, data and AI could improve operational efficiency and margins if pilot results are scaled up.
What would break the thesis
- Dependence on the Sparkling category and on the relationship with The Coca-Cola Company limits the group's strategic flexibility.
- Exposure to volatile markets and geopolitical risks could weigh on results, especially if the acquisition integrates more slowly than expected.
- Regulatory pressure on taxes, pricing and marketing could reduce volumes in the categories with the highest margins.
What to watch
- Integration of Coca-Cola Beverages Africa and its effect on margins2026
- Volume and value share trends in European NARTDQ1 2027
- Effects of currency volatility in Nigeria, Egypt and Russianext 10-K
- Expansion of deposit return systems across Europe2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Coca-Cola HBC AG is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. Its roots date back to 1951, when A.G. Leventis founded the Nigerian Bottling Company in Lagos, and today the group serves 760 million consumers. It operates in 29 countries with a geographic footprint across Western, Central and Eastern Europe and Africa, and employs about 33,497 people.
The 24/7 portfolio includes some of the world's best-known beverages, and the strategic priority categories are Sparkling, Energy and Coffee, supplemented by Stills (tea, juices, hydration), premium spirits and snacks. The company sells through supermarkets, convenience stores, vending machines and the HoReCa channel. The Coca-Cola Company owns and markets the brands, while Coca-Cola HBC produces, distributes and sells them.
Revenue is heavily weighted toward Sparkling, which accounts for about 67% of group revenue, while emerging markets provide 47%, developing markets 22% and established markets 31%. This mix offers geographic and economic-cycle diversification, but also exposure to currency volatility in markets such as Nigeria, Egypt and Russia.
Segments
Sparkling
Sparkling is the largest segment, representing about 67% of group revenue in the reference year. Growth was supported by Trademark Coke, the 'Share a Coke' campaign and the expansion of ThreeCents into new markets, while adult sparkling beverages contributed to volume growth.
Energy and Coffee
Energy delivered its tenth consecutive year of strong double-digit growth, supported by Monster and innovations such as a new drink linked to Lando Norris, while Predator and Fury gained momentum in Africa. In coffee, the company is prioritising the Out-of-home channel through Costa Coffee and Caffè Vergnano, a decision that is beginning to show results.
Market context
The non-alcoholic ready-to-drink (NARTD) category grew in value in 2025, driven by higher value per unit case and positive volume growth in Africa. The company expects a value compound annual growth rate of 4% to 6% for NARTD over 2024 to 2028, excluding Russia and Ukraine, pointing to a moderate but steady market context.
In Europe, category volumes were volatile, and Modern Trade channels such as supermarkets and discounters outperformed fragmented trade. Leadership in Sparkling and value share gains suggest the group could benefit if the shift toward affordable and single-serve formats persists.
Trends
- Affordability and premiumisationmixed
Consumers under cost-of-living pressure are trading down to smaller packs and cheaper channels, yet demand for premium or healthier products remains. The company adjusts its portfolio with single-serve formats to address both trends.
- Digitalisation and e-commercetailwind
Customers are increasingly comfortable with online purchasing, and the eB2B portal and the Sirvis platform are expanding the role of digital channels. If adoption continues, investment in data and AI could improve distribution efficiency and sales.
- Health and packaging regulationheadwind
Authorities increasingly impose rules on pricing, taxes and marketing, and deposit return systems are expanding in Europe. These measures may constrain sales in some categories, but could also open opportunities for low- and no-sugar variants and reusable packaging.
- Sustainability targetsmixed
The company reduced absolute emissions across all three scopes compared with 2019 and remains on track for its Net Zero by 40 ambition. The costs of cutting emissions and reshaping packaging may rise, but could strengthen access to markets that value sustainability.
Competitive position
Coca-Cola HBC competes with other bottlers and non-alcoholic beverage producers for shelf space in supermarkets, in HoReCa channels and in vending machines. Its advantages are the broad portfolio and the strategic relationship with The Coca-Cola Company, but competitive pressure varies strongly between European and African markets.
The acquisition of Coca-Cola Beverages Africa could create the second-largest Coca-Cola bottling partner globally by volume, changing the competitive profile in Africa. Integrating an operation of this size carries execution risks and exposure to local competition.
- Coca-Cola Europacific PartnersCCEP
Another large Coca-Cola bottler, active in Europe and Asia-Pacific, competing directly in European beverage markets.
- PepsiCoPEP
Global beverage and snacks producer competing with the sparkling and energy portfolio for shelf space and distribution.
- Monster BeverageMNST
Energy drink specialist competing with the group in the Energy category, although the group also distributes Monster in certain markets.
- Regional bottlers and local brands
Regional producers and local brands, particularly in Africa and Eastern Europe, competing on price in the affordable segment.
News & filings
In the press
- Fosta afacere Coca-Cola HBC în Rusia, în pericol să treacă sub control local. Cererea a ajuns la Kremlin - www.goldring.roSurge — Google News · 05 Nov 2026 · RO
- Volumele îmbuteliatorului Coca-Cola în România au intrat din nou pe minus în T3. Zoran Bogdanovic, CEO al Coca-Cola HBC: „Vedem în România un tipar similar cu cel din Ungaria, după câţiva ani de schimbări schimbări fiscale şi legislative”Ziarul Financiar · 05 Nov 2026 · RO
- Vânzările Coca-Cola HBC scad în România, afectate de un mediu “dificil” de consumProfit.ro · 04 Nov 2026 · RO
- Coca-Cola HBC Hungary Announces Record HUF 35 bln ExpansionBudapest Business Journal (HU, EN) · 29 Oct 2026 · EN
- Povestea apei minerale Dorna, de la izvor la consumator – Cum se întâlnesc natura, tehnologia și expertiza locală în fabrica Coca-Cola HBC de la Poiana NegriiHotNews.ro · 22 Oct 2026 · RO
- Cris-Tim, producătorul de mezeluri listat la bursă anul trecut, îl numeşte pe Dan Timotin, fost director general cu experienţă la Ursus Breweries şi Coca-Cola HBC, director operaţional, pe fondul extinderii prin achiziţiiZiarul Financiar · 16 Oct 2026 · RO
- Enery și Coca-Cola HBC Bulgaria semnează un contract pe termen lung de achiziție de energie electrică din surse regenerabileFinancial Intelligence (RO) · 07 Oct 2026 · RO
- Impactul în comunități se construiește prin parteneriate. Cristian Moldovan, Coca-Cola HBC Romania, despre Boardul de Sustenabilitate: „Ambiția noastră este să devină un model care poate fi extins și adaptat.”Profit.ro · 24 Sept 2026 · RO
- Brown-Forman adds Switzerland to Coca-Cola HBC tie-upsYahoo Finance — News · 09 Sept 2026 · EN
- Coca-Cola HBC România își extinde portofoliul de băuturi spirtoase printr-un parteneriat cu Heaven HillMediafax · 13 Aug 2026 · RO
- Ce spune şeful Coca-Cola HBC România despre noua generaţie de consumatori şi angajaţi: „Ne ajută să rămânem conectaţi la viitor”Ziarul Financiar · 15 Jul 2026 · RO
- Stockday, pariul din e-commerce al Heineken şi Coca-Cola HBC, a ajuns de la zero la afaceri de 787 mil. lei în mai puţin de zece aniZiarul Financiar · 06 Jul 2026 · RO
Annual reports (ESEF)
- Annual report 202524 Mar 2026
- Annual report 202523 Oct 2026
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / Coca-Cola HBC AG · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.