Preliminary unaudited results for the full year ended 31 December 2024
Great end to a solid year, well placed for FY25 and beyond; announcing €1bn share buyback* over next 12 months
UXBRIDGE, UNITED KINGDOM / ACCESS Newswire / February 14, 2025 / (NASDAQ:CCEP)(LSE:CCEP)
FY 2024 Total CCEP Key Financial Metrics
As Reported Comparable Change vs FY 2023
Adjusted Comparable Change vs FY 2023
As Reported Comparable Comparable FXN Adjusted Comparable Adjusted Comparable FXN
Volume (M UC) 3,864 3,864 17.8 % 16.9% 3,965 0.0%
Revenue per UC (€) 5.30 (5.1)% 5.23 2.7%
Revenue (€M) 20,438 20,438 11.7 % 11.7% 11.8 % 20,706 3.3% 3.5%
Operating profit (€M) 2,132 2,663 (8.8)% 12.2% 12.1 % 2,673 8.1% 8.0%
Diluted EPS (€) 3.08 3.95 (15.3)% 6.6% 6.5 %
Comparable free cash flow (€M) 1,817
Dividend per share (€) 1.97
DAMIAN GAMMELL, CHIEF EXECUTIVE OFFICER, SAID: “2024 has been another solid year for CCEP with continued robust top and bottom-line growth. Our geographic diversification, reinforced by the Philippines, means we are even more resilient.”
Expanding on the topic, the preliminary unaudited results for the full year ended 31 December 2024 show that CCEP has had a strong year with significant growth in both top-line revenue and bottom-line profit. The company’s strategic focus on geographic diversification has proven to be successful, with new markets like the Philippines contributing to overall resilience. The announcement of a €1bn share buyback over the next 12 months further demonstrates CCEP’s confidence in its future performance and commitment to delivering value to shareholders.
How this will affect me:
As a shareholder in CCEP, the positive financial results and share buyback announcement are likely to have a direct impact on the value of my investment. The company’s solid performance indicates a strong outlook for future growth and profitability, potentially leading to an increase in stock price and dividends.
How this will affect the world:
The strong financial performance of CCEP and its commitment to returning value to shareholders through a share buyback program can have broader implications for the business world. It may inspire confidence in the market, attract new investors, and contribute to overall economic stability and growth.
Conclusion:
In conclusion, the preliminary unaudited results for the full year ended 31 December 2024 reflect a successful year for CCEP marked by substantial growth and resilience. The company’s strategic focus on geographic diversification and commitment to shareholder value demonstrate a solid foundation for future success and continued growth. The announcement of a €1bn share buyback further reinforces CCEP’s confidence in its performance and commitment to delivering value to investors.
