Net profit for the first half rose from €02.m to €16.9m. Analysts had been expecting a figure of around €10m. “There will obviously be some impact on sales in the third quarter from this summer’s poor weather but we maintain (our) full-year targets for 2002 of 14% to 16% EBITDA growth and 6% to 8% sales volume growth,” said CCHBC managing director, Irian Finan.
GREECE: Hellenic beats first half forecasts
A strong performance from developing and emerging markets helped soft drinks group, Coca-Cola Hellenic Bottling Co. (CCHBC), to turn in first half results ahead of expectations.