NEWSLETTER
He Coca-Cola HBC (LSE: CCH) The price of the shares was in motion today (February 13), increasing 9.3% to a historical maximum of 3,246p. This made it the best elevator in Ftse 100 At a certain distance.
I feel relieved that I finally added this stock to my portfolio at the end of last year. For months in advance, I intended to invest, but I never did.
Why is the stock today?
For those who are not familiar, the company is one of the main bottlers to The Coca-Cola company.
Based in Switzerland, it produces, sells and distributes drinks such as Coca-cola, Fanta, Schwepes, Elfand Monster In 28 markets in Europe, Africa and Eurasia. Coca-Cola still has more than 20% of the company FTSE 100.
Today, he published a solid annual profits report by 2024, so the actions have increased. Organic net sales increased 13.8% year after year to € 10.7 billion, which slightly exceeded consensus estimate for a growth of 13%.
However, the growth of the informed income was 5.6%, since this strong organic yield was partially compensated by winds against winds against emerging markets.
The volumes increased by 2.8% in an organic way, led by categories of energy and coffee. In fact, the volumes of energy drinks grew by 30.2%, marking the ninth year of two -digit consecutive growth. Monster Led the way, while Predator It is growing strongly in Africa. Coffee Costa Drinks are also very good.
Meanwhile, organic operational gain increased 12.2% to € 1.2 billion, while action adjusted by action increased 9.5% to € 2.28. The dividend became 11% to € 1.03 per share, giving a backward yield of approximately 2.9%.
Looking towards this year, Coca-Cola HBC forecasts a growth of organic income of 6%-8%, compared to market expectations of 7.3%. And see that operational profits increase 7%-11%, compared to the prior anticipation of analysts for an increase of 10.7%.
While the company forecasts a slower growth, many consumer guidance companies would take their hand if they offered them this level of anticipated growth in 2025.
A good mixture
One thing to keep in mind is that changes in foreign currency can reach the reports reported. In 2024, the business saw a negative impact on the depreciation currency of the Nigerian Naira, the Russian ruble and the Egyptian pound.
Therefore, this is a risk, while there is a continuous setback against some western brands in Egypt (considered a growing market, with a youth population greater than 110 m).
On the other hand, this diverse geographical footprint can be a fortress, since the weakness in a market (developed Europe, for example) can be compensated with force in another (most of Eastern Europe is growing strongly).
This also applies to drinks. For example, Coca -Cola zero He grew up in the mid -digits last year while Monster It is growing much faster.
In general, I really like the strong mix of markets and brands here.
What about the assessment?
The action is quoted around 15.5 times the prognosis profits by 2025. I do not think it is particularly demanding for a high quality company like this.
In addition, the end of the conflict of Russia/Ukraine would be positive for Coca-Cola HBC. It still sells products in Ukraine while it also operates in Russia, where it focuses on local brands. The end of the war could also promote the feeling of consumers in neighboring countries such as Poland and Romania.
Despite the increase today, I still think it is worth considering the actions for a diversified portfolio.
(Tagstotranslate) category. Investing
