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.
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.
Coca-Cola European Partners plc
Willett, +44 (0) 7970 145 218
Thor Erickson, +1.678.260.3110
Shanna Wendt, +44 (0) 7976 595 168