Coca-Cola Europacific Partners Announces Share Repurchase

Coca-Cola Europacific Partners plc has unveiled plans for a significant €1 billion share repurchase initiative, set to unfold over the next 12 months, pending shareholder consent. This bold move underscores the company's robust financial health and its commitment to delivering value to its shareholders.

Financial Outlook and Strategic Growth

With an optimistic forecast, the company anticipates a 4% surge in revenue for 2025, alongside a 7% boost in operating profit. CEO Damian Gammell expressed confidence in the company's strategic direction, emphasizing the sustainability of their growth strategies and the strong investment and commercial plans in place to fuel future expansion.

"Our strategic positioning in growing categories, combined with our investment and commercial strategies, sets us on a clear path to achieving our mid-term growth objectives," Gammell stated, highlighting the company's readiness for 2025 and beyond.