Coca-Cola European Partners to Present at Deutsche Bank Global Consumer Conference, Affirms Full-Year 2018 Guidance
13 June 2018 - 4:00PM
Business Wire
Coca-Cola European Partners plc (CCEP) (ticker symbol: CCE) will
discuss its plans and outlook with investors at the Deutsche Bank
Global Consumer Conference in Paris today, Wednesday, 13 June 2018,
at 13:15 BST, 14:15 CEST, and 8:15 a.m. EDT. The public can access
the presentation live via webcast through the company’s website at
www.ccep.com.
Chief Executive Officer Damian Gammell and Chief Financial
Officer Nik Jhangiani will deliver the remarks.
In the presentation, CCEP will affirm full-year 2018 guidance
including revenue growth in a low single-digit range, with both
operating profit and earnings per share growth of between 6 percent
and 7 percent. Each of these growth figures is on a comparable and
fx-neutral basis when compared to 2017 comparable results. This
revenue growth guidance excludes the accounting impact of
incremental soft drinks industry taxes. These taxes are expected to
add approximately 2 percent to 3 percent to revenue growth and
approximately 4 percent to cost of goods growth. At recent rates,
currency translation would have a negligible impact on 2018
full-year diluted earnings per share.
ABOUT CCEP
Coca-Cola European Partners plc (CCEP) is a
leading consumer packaged goods company in Europe, producing,
distributing and marketing an extensive range of nonalcoholic
ready-to-drink beverages and is the world’s largest independent
Coca-Cola bottler based on revenue. Coca-Cola European Partners
serves a consumer population of over 300 million across Western
Europe, including Andorra, Belgium, continental France, Germany,
Great Britain, Iceland, Luxembourg, Monaco, the Netherlands,
Norway, Portugal, Spain, and Sweden. The company is listed on
Euronext Amsterdam, the New York Stock Exchange, Euronext London,
and on the Spanish stock exchanges, and trades under the symbol
CCE. For more information about CCEP, please visit www.ccep.com and
follow CCEP on Twitter at @CocaColaEP.
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Coca-Cola European Partners plcInvestor Relations:Sarah Willett,
+44 (0) 7970 145 218orThor Erickson, +1.678.260.3110orMedia
Relations:Shanna Wendt, +44 (0) 7976 595 168
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