Bottler Coca-Cola HBC exceeded profit expectations for the first half of the year and raised its annual revenue target, thanks to strong sales and increased prices of its beverages.
Bottles of Coca-Cola are seen at a Carrefour Hypermarket store in Montreuil, near Paris, France, February 5, 2018. REUTERS/Regis Duvignau/File Photobeat half-year profit expectations and lifted its annual revenue target on Wednesday, supported by strong sales and higher prices of its drinks.
"While some markets continue to face a challenging consumer environment, revenue per case has been improved through careful price and mix management enhanced by data, insights and analytics," CEO Zoran Bogdanovic said in a statement.
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