FOURTH QUARTER AND FULL YEAR HIGHLIGHTS
Q4 | Q4 | % | Q4 2012 before adjustments |
Q4 2011 before adjustments | % | |
2012 | 2011 | Change | Change | |||
Volume (m unit cases) | 477 | 466 | 2% | 476 | 465 | 2% |
Net Sales Revenue | 1,605 | 1,524 | 5% | 1,610 | 1,529 | 5% |
Comparable Cost of Goods Sold | 1,050 | 979 | 7% | 1,054 | 982 | 7% |
Comparable EBIT | 56 | 72 | -22% | 53 | 73 | -27% |
Comparable Net Profit | 22 | 29 | -22% | 22 | 29 | -23% |
Comparable EPS (€) | 0.06 | 0.08 | -25% | 0.06 | 0.08 | -25% |
Full Year | Full Year | % |
Full Year 2012 before adjustments | Full Year 2011 before adjustments | % | |
2012 | 2011 | Change | Change | |||
Volume (m unit cases) | 2,085 | 2,087 | - | 2,081 | 2,083 | - |
Net Sales Revenue | 7,045 | 6,824 | 3% | 7,078 | 6,854 | 3% |
Comparable Cost of Goods Sold | 4,518 | 4,253 | 6% | 4,527 | 4,257 | 6% |
Comparable EBIT | 453 | 523 | -13% | 465 | 541 | -14% |
Comparable Net Profit | 285 | 326 | -12% | 287 | 330 | -13% |
Comparable EPS (€) | 0.78 | 0.90 | -13% | 0.79 | 0.91 | -13% |
Note : All units in €m except per share data and volume data & volume. Numbers before adjustments are excluding the impact of the early adopted accounting standards as detailed in page 14 and in note 1 of the condensed consolidated financial statements.
Fourth Quarter 2012 | Full Year 2012 |
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Dimitris Lois, Chief Executive Officer of Coca-Cola Hellenic, commented:
"Our strategy enabled us to grow currency neutral net sales revenue by 2% for the full year. The volume and revenue growth we generated in the third quarter continued in the fourth quarter, with revenue growing faster than volume for the sixth consecutive quarter. In 2012, we maintained our volume overall, despite the very challenging trading conditions in most of our markets throughout the year. In 2012, we were able to strengthen our business further, by expanding our volume and value share in the majority of our markets, while growing Trademark Coca-Cola products by 2%.
We anticipate that in 2013, disposable income will remain under pressure, resulting from continued austerity measures and high unemployment, particularly in our established markets. We will remain focused on delivering on our strategic priorities: further strengthening our leadership position in the marketplace, driving revenue growth ahead of volume, executing our cost optimisation and process efficiency plans, and continuing to generate strong free cash flow.
The voluntary share exchange offer by Coca-Cola HBC AG will facilitate the listing of the Group on the premium segment of the London Stock Exchange which forms part of our ongoing commitment to enhance shareholder value."
Contact Information | |
Company contact: Coca-Cola Hellenic Oya Gur Investor Relations Director |
Tel: +30 210 618 3255 email: oya.gur@cchellenic.com |
Panagiotis Vergis Investor Relations Manager |
Tel: +30 210 618 3124 email: panagiotis.vergis@cchellenic.com |
Eri Tziveli Investor Relations Manager |
Tel: +30 210 618 3133 email : eri.tziveli@cchellenic.com |
International media contact: RLM Finsbury Guy Lamming Charles Chichester Philip Walters Charles O' Brien | Tel: +30 210 618 3335 / +44 20 7251 3801 email: guy.lamming@rlmfinsbury.com email: charles.chichester@rlmfinsbury.com email: philip.walters@rlmfinsbury.com email: charles.o'brien@rlmfinsbury.com |
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