Coca-Cola Europacific Partners shares fell 4.3% to 7,710p after the drinks bottler reported higher first-half profit and reaffirmed full-year guidance, triggering profit-taking following an all-time high. Revenue increased 4.4% to €10.7 billion in the six months to 3 July, with reported operating profit up 6.9% to €1.5 billion and diluted earnings per share climbing 9.1% to €2.17. However, second-quarter revenue growth slowed to 2.5%, and revenue per unit case edged up just 0.1% even as volumes grew 3.2% after adjusting for trading days. Chief executive Damian Gammell noted a challenging consumer environment and uncertainty over the full impact of the Middle East conflict. The group retained its guidance for currency-neutral revenue growth of 3% to 4% in the 2026 financial year, operating profit growth of around 7%, and free cash flow of at least €1.7 billion, while completing €593 million of a planned €1 billion share buyback.
Coca-Cola Europacific Partners PLCShares fell 4.3% on profit-taking despite higher profit and reaffirmed guidance, with slowing Q2 revenue growth and cautious outlook.