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Coca-Cola HBC HY Profit Down

Coca-Cola HBC AG reported that its profit attributable to owners of the parent for the six months ended 26 June 2020 declined to 124.0 million euros or 0.34 euros per share, from 195.1 million euros or 0.53 euros per share in the prior year.

Comparable net profit of 129.0 million euros and comparable basic earnings per share of 0.355 euros were 42.1% and 42.0% lower than in the prior-year period, respectively.

Net sales revenue for the period were 2.83 billion euros, down from 3.35 billion euros in the prior year.

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