Coca-Cola Europacific Partners plc announced results for the six months ended 3 July 2026, reporting strong first-half performance and reaffirming full-year guidance. On a days-adjusted basis, group volumes grew by 2.2%, with Europe up 1.6% and Asia-Pacific (APS) up 3.5%.
Chief Executive Damian Gammell said the company delivered balanced revenue growth, continued share gains, and disciplined cost and cash management. He highlighted the strength of the broad beverage portfolio, consumer demand for value, and innovation in faster-growing categories such as zero sugar, energy, and hydration, supported by activations including the FIFA World Cup.
Gammell acknowledged the consumer environment remains challenging and the full impact of the Middle East situation is uncertain, but expressed confidence in the company's strategy and execution discipline to meet mid-term objectives.
Key highlights include continued innovation in zero-sugar products with volumes up about 10%, sports drink volumes up 12% driven by Powerade, and strong growth in energy drinks with share gains of 230 basis points. The company added over 80,000 new coolers and secured new customer wins including Parkdean Resorts, Papa John's, Domino's, and Marriott.
In the Philippines, the company reported continued profitable topline momentum with EBIT margin close to the 10% target, and a new facility is on track to start production in 2027. The company also noted progress on its S/4HANA deployment and AI initiatives, including training workshops for 8,000 colleagues.
Source: tennesseedaily.com
