Business
CONTINUING TO DELIVER EXCELLENT REVENUE GROWTH
CONTINUING TO DELIVER EXCELLENT REVENUE GROWTH.
About this update from Coca-cola Hbc Ag
[{"type":"text","content":"\n \nRNS Number : 9809V Coca-Cola HBC AG 09 November 2017 \n\nTHIRD QUARTER 2017 TRADING UPDATE\n \nCONTINUING TO DELIVER EXCELLENT REVENUE GROWTH\n \nCoca-Cola HBC AG, a leading bottler of the brands of The Coca-Cola Company, today announces its 2017 Q3 trading update.\n \nThird quarter highlights\n· Excellent revenue performance, with FX-neutral revenue growth of 6.0%\n· Strong quarter for volume growth, up 3.4%, with good broad-based improvements from all three segments\n- Established markets segment volume increased by 2.2% driven by our Southern European countries and supported by good weather\n- Developing markets segment volume increased by 5.1%, with particularly strong growth in Hungary and the Czech Republic and stabilisation in Poland\n- Emerging markets segment volume increased by 3.5%, with strong growth in Romania, Serbia and Ukraine. Volumes were stable in Russia, while Nigeria declined following significant price increases \n· FX-neutral revenue per case growth of 2.5% in the quarter, with continuing progress in all three segments \n- Established markets FX-neutral revenue per case grew by 1.1%, supported by our continued focus on growing revenue faster than volume and the emergence of a more inflationary environment\n- In the Developing markets, FX-neutral revenue per case grew by 2.1%, with a moderation from the first half price/mix trends as expected \n- Emerging markets FX-neutral revenue per case grew by 4.2%, driven by price increases taken earlier in the year and improvements in category and package mix \n\n\n\n\nQ3 2017 vs. Q3 2016\n\n\nNet sales revenue\n\n\nVolume\n\n\nNet sales revenue per unit case\n\n\n\n\ngrowth (%)\n\n\nFX-neutral1\n\n\nReported\n\n\n\n\n\nFX-neutral1\n\n\nReported\n\n\n\n\nTotal Group\n\n\n6.0\n\n\n5.0\n\n\n3.4\n\n\n2.5\n\n\n1.5\n\n\n\n\nEstablished markets\n\n\n3.3\n\n\n2.5\n\n\n2.2\n\n\n1.1\n\n\n0.2\n\n\n\n\nDeveloping markets\n\n\n7.3\n\n\n9.1\n\n\n5.1\n\n\n2.1\n\n\n3.8\n\n\n\n\nEmerging markets\n\n\n7.9\n\n\n5.6\n\n\n3.5\n\n\n4.2\n\n\n2.0\n\n\n\n\n1 For details on Alternative Performance Measures ('APMs') refer to 'Alternative Performance Measures' and 'Definitions and reconciliations of APMs' sections.\nMichalis Imellos, Acting CEO...