Coca-Cola HBC AG (CCH) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and thank you all for joining the call. I'm here with our CEO, Zoran Bogdanovic, and our CFO, Anastasis Dimoulis. In a moment, Zoran will share the key highlights of 2025. Anastasis will then take you through our financial performance in more detail and discuss the outlook for 2026, before handing back to Zoran, who will discuss the strategic growth areas for the business. We will then open up the floor to questions. We have about an hour for the call today, which should give plenty of time for a good discussion, but please keep to one question and one follow-up, waiting for us to answer the first question before moving to your follow-up. 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 results press release this morning and at the end of our slide deck. And with that, I will turn the call over to Zoran. Thank you, Jemima. Good morning, everyone. And thank you for joining the call. 2025 was another strong year for Coca-Cola HBC. We've executed against our strategy and delivered a strong financial performance, all while operating through a mixed market environment and continuing to invest across the business for the long term. Let me call out key highlights from the year. 2025 marks the fifth consecutive year of consistent strong growth and share gain both our revenue and ebit growth was strong and high quality underpinned by continued volume momentum despite a range of macroeconomic conditions importantly volume growth continues to be led by two of our strategic priority categories sparkling and energy and we continue to win in the market and deliver value to our customers gaining a further 80 basis points of value share in no...