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Coca-Cola European Partners Raises FY17 Earnings Outlook - Quick Facts

While reporting its second-quarter financial results today, Coca-Cola European Partners plc (CCE) raised its earnings outlook for fiscal 2017 and declared a quarterly dividend.

For 2017, Coca-Cola European Partners or CCEP said it now expects low single-digit revenue growth, operating profit growth at the top end of the previously stated high single-digit range, and earnings per share to be up 10 percent to 12 percent. Excluding synergies, CCEP expects operating profit growth to be broadly in-line with revenue growth.

Earlier, CCEP forecast full-year earnings per share growth in high single-digits.

The CCEP Board of Directors declared a regular quarterly dividend of 0.21 euro per share. The dividend is payable 11 September 2017 to those shareholders of record on 28 August 2017.

by RTT Staff Writer

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