The Greek soft drinks group, Coca-Cola Hellenic Bottling (CCHBC), made its trading debut on the New York Stock Exchange on Thursday at a price of $14.80.

"Our listing on the NYSE will enhance visibility and will boost liquidity as more investors will be interested in the stock," said CCHBC's managing director, Irial Finan. "Through a longer lens, our listing on the NYSE will be beneficial for our stock."

However, Finan said he doubted there would be any major additional offering in the near future by the company's principal shareholders. "My belief is that there won't be any selling at this stage, where market conditions are unfavourable," he said.

CCHBC has re-iterated its estimates for 14% to 16% growth in earnings before interest, taxes, depreciation and amortization for the full 2002 fiscal year and for 6% to 8% sales volume growth.