Aug 6 (Reuters) - Bottler Coca-Cola HBC
forecast its annual organic revenue growth to reach the
upper-end of its earlier estimated range, encouraged by steady
demand in its key emerging markets and pricing actions taken
over the recent quarters.
The company, which bottles brands including Fanta, Sprite
and Monster, has been raising prices in the last few quarters
like several other consumer-facing companies to shield its
margins from elevated costs amid an inflation-induced slowdown
in consumer spending.
Coca-Cola HBC ( CCHBF ) said on Wednesday that it now expects 2025
organic revenue growth at the top of its 6%-8% guidance range,
though it cautioned against the risks of macroeconomic and
geopolitical uncertainties.
For the six months ended June 27, the company posted a 9.9%
rise in organic revenue, in line with market expectations,
according to a company-compiled poll.
"We are mindful of what is a challenging and unpredictable
macroeconomic and geopolitical environment but given our strong
start to the year, we now expect to deliver growth in organic
revenue and EBIT at the top end of our guided ranges," CEO Zoran
Bogdanovic said in a statement.
Emerging markets - spanning Africa, Central and Eastern
Europe - delivered a 17.4% increase in organic net sales, the
Swiss company said.
The results come as global firms continue to navigate
shifting trade dynamics, with executives warning that evolving
U.S. trade policies are weighing on consumer and business
sentiment.