GREECE: CCHBC tipped to post 64% nine-month profit growth
However, there are concerns that the third-quarter performance may have been adversely affected by floods in central and Eastern Europe during August.
A Reuters poll of nine analysts forecast an average net profit of €63.3m for the nine months, against €38.5m in the corresponding period last year. Earnings before interest, tax, depreciation and amortisation (EBITDA) are estimated to rise by 14% to €485.2m on turnover up 15% at €3.09 billion.
In the first half of the year, EBITDA at CCHBC was up by 17% at €291.1m on sales 17% higher at €1.979 billion. The company is scheduled to publish its nine-month figures on November 14.
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The European Union has given Coca-Cola Co. and Coca-Cola Hellenic Bottling Co. the green light to acquire Multon....
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Groupe Danone is keen to follow other global food and drink companies into Russia's bottled water and beverage market, according to local reports....
Coca-Cola Hellenic Bottling Company has teamed up with The Coca-Cola Company to make a second Eastern European acquisition in 2005....
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