Company Overview
Coca-Cola Europacific Partners (CCEP) is a leading multinational bottling company engaged in the marketing, production, and distribution of Coca-Cola, Sprite, Fanta, Monster, and other drinks. With operations in 31 markets, CCEP caters to around 600 million consumers and employs a workforce of 42,000 people. Generating an annual revenue of approximately €20 billion, the company sells 22 billion liters of beverages each year.
Market Presence and Strategy
CCEP executes a global business strategy with local adaptations, emphasizing sustainable growth and value creation for customers and stakeholders. The strategy focuses on sustainable revenue and profit enhancement through partnerships with The Coca-Cola Company and Monster Energy Corporation. CCEP is actively pursuing market expansion and portfolio innovation.
Financial Performance and Investments
In 2024, CCEP implemented a €1 billion share buyback program and committed to a further €1 billion investment to improve customer service, foster sustainability, and enhance shareholder value. A strong financial performance in Q4 and the full year 2024 positioned CCEP well for continued growth.
Leadership Team
- Damian Gammell: CEO, with over 30 years in the Coca-Cola system, a board member since 2016.
- Clare Wardle: General Counsel & Company Secretary, previously with Kingfisher plc.
- Ed Walker: Chief Financial Officer, seasoned Coca-Cola financial professional.
- José Antonio Echeverría: Chief Customer Service and Supply Chain Officer, overseeing supply chain efficiency.
Sustainability and Innovation
CCEP's sustainability plan, "This is Forward," is key to its strategy, aiming to positively impact environmental and social fronts. The company invested €700 million in sustainable supply chain initiatives.
Recent Initiatives and Partnerships
Highlighting market engagement, CCEP launched a partnership with Xbox for Fanta, driving consumer engagement through custom products.
Additional insights can be found on CCEP's [official website](https://www.cocacolaep.com/home/) and [latest integrated reports](https://www.cocacolaep.com/investors/).
Contact Information
For inquiries, visit CCEP's [contact page](https://www.cocacolaep.com/contact/).
Competitor Profile for Coca-Cola Europacific Partners (CCEP)
Key Competitors Overview
Operating in the consumer defensive sector, CCEP is a market leader in non-alcoholic beverage bottling, facing competition from several key players.
Main Competitors
1. Coca-Cola HBC (CCH): A Coca-Cola bottling partner in 28 markets; comparable in scale, market cap, and profitability metrics.
2. Coca-Cola Femsa: Major bottling partner in Latin America, similar in scale to CCEP.
3. Britvic (BVIC): Soft drinks manufacturer with 39 brands sold in 100 countries, focusing on growth through innovation and partnerships, notably with PepsiCo.
4. Fevertree Drinks (FEVR): Premium mixer brand competing in the upscale beverage segment.
5. A.G. Barr (BAG): Known for brands like IRN-BRU, focusing on brand-building in UK and Ireland.
6. Nichols (NICL): Known for its Vimto brand, with a significant presence in UK and international markets.
Financial and Market Comparison
- Market Capitalization & Revenue: CCEP's market cap is £38.13B with annual revenue of £23.04B; Coca-Cola HBC at £14.56B and £12.23B respectively.
- Dividend Yield: CCEP offers a 2.52% yield, higher than Coca-Cola HBC's 1.92%, but lower than the industry average of 3.18%.
- P/E Ratio and Net Income: CCEP's P/E stands at 23.67 with a net income of £1.94B, showcasing its profitability compared to Britvic's £553.25M.
Strategic Differentiation
CCEP leverages significant scale and strategic expansion in the Asia Pacific region, unlike competitors like Fevertree, which focus on premiumization, or Britvic, which fortifies growth through strategic partnerships.
Market Trends and Insights
CCEP consistently benchmarks against peers like Coca-Cola HBC in market sentiment, dividend policies, and growth strategies, continuing to expand through acquisitions and new market penetrations.
