Coca-Cola HBC AG (CCH) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thank you for joining the call. I'm here with our CEO, Zoran Bogdanovic, and our CFO, Anastasios Samoulis. We'll start with some opening remarks from Zoran, and then open the floor to your questions. Please keep to one question and a follow-up, waiting for us to answer the first question before moving to your follow-up. We have about an hour for the call today, which should give plenty of time for a good discussion. Finally, I must remind you that this conference call contains various forward-looking statements, These should be considered in conjunction with the cautionary statements in our trading update of this morning. And with that, I will turn the call over to Zoran. Thank you, Jemima. And good morning, everyone. Thank you for joining this call. Let me start by calling out three key highlights from these results. First, we've achieved another quarter of strong revenue growth with good volume momentum as well as revenue per case expansion. This is a strong start to the year, And I'm really pleased that our results continue to demonstrate how our business can deliver quality growth in a challenging and unpredictable macroeconomic and geopolitical backdrop. Second, we gained a further 130 basis points of value share in the non-alcoholic ready-to-drink market. This is a testament to our unique 24-7 portfolio and our focused execution to drive joint value creation for customers. And thirdly, this strong start to the year combined with our 24-7 portfolio, our bespoke capabilities, and our proven track record enables us to reiterate our 2025 guidance that we issued in February. And now, I'll share some detail on the Q1 performance, and then Anastasis and I'll be happy to take your questions. Organic revenue grew 10.6% with volumes up 1.8% and re...