Coca-Cola HBC Year-to-Date 2017 by market - results data

Most popular

Another drinks CEO steps down - But, why?

Pernod Ricard Performance Trends 2014-2018 - data

What's coming up in soft drinks in 2019?

A-B InBev - getting ready for Heineken in China?


In November, Coca-Cola HBC released an update on its performance during the first nine months of 2017, with sales rising by almost 6% year-on-year. Here, just-drinks breaks down Coca-Cola HBC's figures for the period - to the end of September - by region.

Coca-Cola HBC 2017 - Sales versus 2016

Source: Company results

Coca-Cola HBC has done well in 2017, with each of the three quarters so far surpassing the sales of its corresponding period a year ago. In order to match the top-line figure from 2016, the group needs only pull in EUR1.06bn in the final quarter - doable, considering Q4 last year totalled EUR1.46bn.

Coca-Cola HBC Year-to-Date 2017 - Sales by Region

Source: Company results

  • Established Markets - Sales +1.8%, volumes +1.3%

Austria, Cyprus, Greece, Italy, Northern Ireland, Ireland, Switzerland

The heatwave that hit Greece and Italy this summer did wonders for the group's sales from its Established Markets reporting division. Third-quarter volumes from the combined markets were up by over 2%, versus a 2.5% volumes slide a year earlier. In Italy, the low-single-digit volume lift in Q3 was driven mainly by bottled water sales. Sales in Greece, meanwhile, did well as a result of the "higher number of tourists visiting the country. Finally, while Austria posted a small volumes increase in the three months, Switzerland was down slightly due to a drop in regular Coke and bottled water sales

  • Developing Markets - Sales +5.4%, volumes +2.4%

Croatia, Czech, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, Slovenia

The Developing Markets group has also done well in the year so far. Looking specifically at the third quarter, volumes rose by just over 5% compared to a 4% fall in Q3 2016. Poland was described as having been "broadly stable" in the three months, as Coke Zero led the field with double-digit volumes growth. Hungary and Czech delivered high-single-digit increases in volumes, with Coke Zero again warranting special mention from both markets. 

  • Emerging Markets - Sales +9.5%, volumes +2.4%

Armenia, Belarus, Bosnia & Herzegovina, Bulgaria, FYR Macedonia, Moldova, Montenegro, Nigeria, Romania, Russia, Serbia, Ukraine

What a 2017 so far from these markets - Nigeria excepting. The key market of Russia came in flat in the three months to the end of September, marking an improvement on a year earlier. "The rate of decline in the underlying non-alcoholic ready-to-drink market is decelerating in Russia, despite an unseasonably cold summer," CCHBC said today. "This has helped us stabilise our volume."

The forementioned Nigeria posted a volumes fall against a double-digit increase in Q3 2016. The group flagged its introduction of price increases in the country over the last 12 months, "which have had an amplified effect during the low season". Romania and Serbia also got a shout, both markets increasing volumes in the quarter.

Related Content

Coca-Cola HBC Full-Year 2017 - results data

Coca-Cola HBC Full-Year 2017 - results data...

Coca-Cola HBC H1 2017 by market - results data

Coca-Cola HBC H1 2017 by market - results data...

Coca-Cola HBC Q1 2017 by region - results data

Coca-Cola HBC Q1 2017 by region - results data...

Coca-Cola HBC FY 2016 by market - results data

Coca-Cola HBC FY 2016 by market - results data...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..

Forgot your password?