Coca-Cola Europacific Partners plc (CCEP) reported Friday that its fiscal 2024 profit attributable to shareholders dropped to 1.42 billion euros from last year's 1.67 billion euros.
Earnings per share fell to 3.08 euros from 3.63 euros last year.
Revenue for the year, however, grew 11.7% to 20.44 billion euros from last year's 18.30 billion euros.
Adjusted comparable revenues grew 3.3 percent.
Looking ahead, for fiscal 2025, the company projects revenue growth of around 4% on an adjusted comparable & FX-neutral basis. Operating profit growth is expected around 7%.
The company also announced up to 1 billion euros share buyback over next 12 months. The buyback program is subject to further shareholder approval at the 2025 Annual General Meeting.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.