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Analysts are forecasting that soft drinks producer, Coca-Cola Hellenic Bottling Co. (CCHBC), will register an increase of almost 11% in first half earnings before interest, tax, depreciation and amortisation (EBITDA). Based on the average of 12 analysts' forecasts in a Reuters poll, CCHBC is predicted to record first half EBITDA of €275.9m against €248.7m in the corresponding period a year earlier.

These figures include recently acquired operations in Russia, Estonia, Latvia and Lithuania. Consolidated sales are predicted to rise by 16% to €1.97 billion. Analysts are predicting that most of the growth will come from emerging markets such as Russia and Nigeria.

A first half group net profit of €9.4m is being forecast, against €0.2m last year with pretax profits predicted to rise by 87.2% to €67.8m. CCHBC will publish its second quarter and first half results on 27 August.


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