Business
COCA-COLA EUROPACIFIC PARTNERS - Preliminary unaudited results for the full-year ended 31 December 2021
Extraordinary year, entering 2022 as a stronger business LONDON, Feb. 16, 2022 /PRNewswire/ -- CHANGE VS FY 2020 PRO FORMA[3] COMPARABLE CHANGE VS FY 2020 FY
About this update from Coca-cola Europacific Partners Plc
[{"type":"text","content":"Extraordinary year, entering 2022 as a stronger business\n\n\n LONDON, Feb. 16, 2022 /PRNewswire/ --\n \nCHANGE VS FY 2020\nPRO FORMA[3] COMPARABLE\nCHANGE VS FY 2020\nFY 2021 METRIC[1] \nAS REPORTED \nCOMPARABLE[1]\nAS REPORTED \nCOMPARABLE[1] \nCOMPARABLE FXN[1]\nPRO FORMA PRO FORMA COMPARABLE[3] \nCOMPARABLE FXN[3]\nTOTAL CCEP\nVOLUME (M UC)[2]\n2,804\n2,804\n23.00%\n23.50%\n-\n3,019\n4.50%\n-\nREVENUE (€M)\n13,763\n13,763\n30.00%\n30.00%\n28.00%\n14,819\n9.50%\n7.50%\nCOST OF SALES (€M)\n8,677\n8,606\n26.50%\n26.50%\n24.50%\n9,222\n8.00%\n6.00%\nOPERATING EXPENSES (€M)\n3,570\n3,385\n22.00%\n30.00%\n28.50%\n3,711\n6.00%\n4.50%\nOPERATING PROFIT (€M)\n1,516\n1,772\n86.50%\n48.50%\n46.00%\n1,886\n26.00%\n23.50%\nPROFIT AFTER TAXES (€M)\n988\n1,302\n98.50%\n58.50%\n56.00%\n-\n-\n-\nDILUTED EPS (€)\n2.15\n2.83\n97.00%\n57.00%\n54.50%\n-\n-\n-\nREVENUE PER UC (€)\n-\n4.83\n-\n-\n4.00%\n4.83\n-\n3.00%\nCOST OF SALES PER UC (€)\n-\n3.02\n-\n-\n1.00%\n3\n-\n1.50%\nDIVIDEND PER SHARE[4](€)\n1.4\nMaintained dividend payout ratio of c.50%\nEUROPE\nVOLUME (M UC)[2]\n2,379\n2,379\n4.50%\n5.00%\n-\n2,379\n5.00%\n-\nREVENUE (€M)\n11,584\n11,584\n9.00%\n9.00%\n8.00%\n11,584\n9.00%\n8.00%\nOPERATING PROFIT (€M)\n1,298\n1,500\n59.50%\n25.50%\n24.00%\n1,500\n25.50%\n24.00%\nREVENUE PER UC (€)\n-\n4.81\n-\n-\n3.50%\n4.81\n-\n3.50%\nAPI\nVOLUME (M UC)[2]\n425\n425\n640\n4.00%\n-\nREVENUE (€M)\n2,179\n2,179\n3,235\n10.50%\n7.00%\nOPERATING PROFIT (€M)\n218\n272\n386\n28.00%\n23.50%\nREVENUE PER UC (€)\n-\n4.95\n4.88\n-\n3.00%\n \nDAMIAN GAMMELL, CHIEF EXECUTIVE OFFICER, SAID:\n\"2021 was an extraordinary year for CCEP. We are a stronger more diverse business, built on great people, great service and great beverages – done sustainably. Solid top-line recovery, value share gains, operating margin expansion and remarkable free cash flow generation demonstrate our strong performance in a challenging environment. Our results also reflect the successful acquisition and integration of Coca-Cola Amatil, a fantastic business to have acquired at the right time, as we look forward to an even brighter future together.\n\"Together with The Coca-Cola Company and our other partners, our focus on core brands, in-market execution and smart revenue growth management initiatives solidified our FY21 position as the largest FMCG value creator[5], delivering revenue p...