Why did Coca-Cola HBC AG miss its first-quarter organic revenue growth estimates?

Coca-Cola HBC AG missed its first-quarter organic revenue growth estimates because customers in its established markets—such as Austria, Cyprus, and Greece—opted for cheaper, bundled drinks amid high inflation and cost-of-living pressures, leading to softer demand; additionally, higher marketing costs related to Easter falling earlier in the quarter created a partial headwind for European market revenue.

What was Coca-Cola HBC AG's actual first-quarter organic revenue growth, and how did it compare to expectations?

Group organic revenue growth stood at 11.6% for the quarter ended March 28, below the consensus estimate of 11.8% from a company-compiled poll; growth in established markets was 7.3%, falling short of the 8.1% forecast.

Bottler Coca-Cola HBC AG misses first-quarter revenue growth estimates

May 6, 2026

Coca-Cola HBC AG missed first-quarter organic revenue growth expectations at 11.6% amid high inflation and consumer demand for cheaper drinks. The company raised its net finance cost guidance to 45-65 million euros following a stake purchase in Coca-Cola Beverages Africa.

reuters

2026-05-06

Bottler Coca-Cola HBC AG misses first-quarter revenue growth estimates

2026-11-03

Bottler Coca-Cola HBC Raises Revenue Outlook on Pricing Actions, Strong Demand

Bottler Coca-Cola HBC AG misses first-quarter revenue growth estimates

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