Coca-cola Europacific Partners Plc · NASDAQ:CCEP

Coca-cola Europacific Partners — FY2019 Earnings Presentation

19 slides from Coca-cola Europacific Partners's earnings presentation, Feb 13, 2020

  1. Slide 1: Preliminary Results for the Fourth-Quarter & Full-Year 2019

    Preliminary* Results for the Fourth-Quarter Great & Full-Year 2019 People Service lewerngee 13 February 2020

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements Cite EUROPEAN PARTNERS This document contains statements, estimates or projections that constitute “forward-looking statements" concerning the financial condition, performance, results, strategy and objectives of Coca-Cola European Partners plc and its subsidiaries (togeth

  3. Slide 3: Solid Revenue Growth, Step Up in Innovation, Investing in Growth

    Solid Revenue Growth Step Up In Innovation Cable COFFEE ENERGY Investing In Growth

  4. Slide 4: Q4 and FY revenue growth

    Q4 FY +4.5% +3.5% +3.0% +2.0% +2.0% +2.0% +1.0% +1.0%

  5. Slide 5: Customer value creation and value market share gains

    ustomer value creation Value market share gains across all territories* 2019 2019 ae NARTD Sparkling #1 value driving FMCG Grane Sane Coke™ company across our territories +110bps +90bps Transactions growth? +2.0% +€430m; +4.5%! Volume growth +1.5% 1. Source:Nielsen Strategic Planner YTD Data to WE 2

  6. Slide 6: CCEP Represented in Top Innovations in 2019

    CCEP Represented 1 in 3 Top Innovations! in 2019 No1 RTD tea brand Now the No1 in Germany after energy brand 2 years? in Spain? toes ca ei lat 103 Vv =

  7. Slide 7: Supply Chain, Capabilities, Digital, Sustainability

    SUPPLY CHAIN CAPABILITIES DIGITAL SUSTAINABILITY

  8. Slide 8: Sustainability progress: rPET, recycling, climate

    Expedited our 50% S 77%’ of our rPET target by two AX packaging was years to 2023 RS collected across (now at 30%") our markets Completed sustainability linked €1.5bn Revolving Credit Facility ee ~ |oniqa Technologtes loop CLIMATE ee Strategic This sett of Making more of Moving 100% of partnerships

  9. Slide 9: Employee engagement and volunteering

    +TPTS aN Employee Engagement Hours of volunteering in 20191 in 2019 1 2

  10. Slide 10: FY2019 financial results summary

    DIVIDEND & OPERATING EARNINGS FREE CASH REVENUE COGS/UC SHARE ROIC6 PROFIT PER SHARE FLOW5 BUYBACK €1.24 €12BN UP €1.7BN2 €2.532 per share €1.1BN 10.3% UP 4.5%1 4.5%1 UP 6.0%3 UP 10.0%3 UP 17.0%4 UP 40 BPS7 €1BN

  11. Slide 11: Generated Free Cash Flow of €1.1bn

    Generated Free Cash Flow’? of €1:1bn Catiiy EUROPEAN PARTNERS €2,280m _ Lease Repayments (T & Other Cold Drink : iene : e IT & Other 15% Cold Drink Equipment : ; 20% : 65% (270m) : (€85m) | | €17100m (€155m) L] Adjusted Capex Working Taxes Interest Restructuring Free Cash FY1 9 EBITDA’ Capital & Oth

  12. Slide 12: c.€135M €55M €330M c.€55M €120M €55M €120M €85M €35M €330M

    c.€135M €55M €330M c.€55M €120M €55M €120M €85M €35M €330M

  13. Slide 13: Cost mix: manufacturing, taxes, commodities

    Manufacturing 15% Taxes & Other 15% Commodities 25% Concentrate, Finished goods 45%

  14. Slide 14: 2020 guidance

    REVENUE1 LOW-SINGLE DIGIT GROWTH COST OF SALES PER UNIT CASE1 GROWTH OF C.2.5-3% MID-SINGLE DIGIT OPERATING PROFIT1 GROWTH HIGH-SINGLE DIGIT DILUTED EARNINGS PER SHARE GROWTH 1,2 SHARE BUYBACK3 OF UP TO €1BN; DIVIDEND PAYOUT RATIO4,6 OF C.50% FREE CASH FLOW4 OF C.€1BN; CAPEX5 IN THE RANGE OF €650M-€

  15. Slide 15: Portfolio aligned with brand partners

    PORTFOLIO ALIGNED WITH BRAND PARTNERS LIGHT COLAS RTD TEA ENERGY FLAVOURS RTD COFFEE & MIXERS ALONGSIDE CONTINUED INVESTMENT TO DRIVE SUSTAINABLE & PROFITABLE GROWTH Sustainability Supply Chain Capabilities Competitiveness Digital

  16. Slide 16: Key takeaways for 2019

    Market share Great progress gains & significant against bold ‘approach to value creation for sustainability PP . . = innovation our customers commitments 4 Grew transactions ahead of volume. a , Coke™ volume +1.5% (if Pr fier Moving faster on “aad light colas Innovation gaining traction led by Fuze,

  17. Slide 17: Thank You, Questions & Answers

    Thank You Questions & Answers

  18. Slide 18: Upcoming Events and IR contacts

    | UPCOMING EVENTS SARAH WILLETT VICE PRESIDENT sarahwillett@ccep.com CLAIRE MICHAEL ASSOCIATE DIRECTOR claire.michael@ccep.com JOE COLLINS SENIOR MANAGER ; ins@ 18

  19. Slide 19: Dividend dates

    Announcement Date Ex-div Date Record Date Payment Date

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