Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
8 November 2022 | Other

Coca-Cola HBC raises earnings forecast for 2022

Coca-Cola Company

Coca-Cola HBC AG, a soft drink maker and seller, raised its profit outlook for 2022 on Tuesday, Nov. 8.

Consumers have been forced to cut costs due to soaring inflation. However, packaged food manufacturers are still seeing strong demand for their products despite the overall price hikes. Coca-Cola HBC is one of the company’s subsidiaries. The firm holds local Coca-Cola franchises, operating the beverage business. More than 20% of HBC's stock is owned by the group.

HBC said its organic revenue rose another 19.6% in the third quarter. Therefore, the firm expects a double-digit revenue growth driven by higher production volumes in 2022. HBC's comparable operating profit could be between 860 and 900 million euros this year. Earlier forecasts ranged from 740 to 820 million euros. 

Company MarketCheese

Recommended

United States. Industrial Production (MoM). The value of the indicator remained at the same level of 0.1%
17 July
United States. Industrial Production (YoY). The value of the indicator has decreased from 1.67% to 1.14%
17 July
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
United Kingdom. Trade Balance. The value of the indicator has increased from -24.58B to -18.66B
16 July
Top news
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
15 July
United States. CPI (YoY). The value of the indicator has decreased from 4.2% to 3.5%
14 July
United States. Trade Balance. The value of the indicator has decreased from $-54.6B to $-77.6B
7 July
All news

Forecasts

USDJPY buy
Period: 31.07.2026 Expectation: 120 pips
Buying USDJPY from 162.355
TA Other Chart analysis
Yesterday at 12:27 PM 30
Bruce_Powers
AUDUSD buy
Period: 31.07.2026 Expectation: 500 pips
Invest in AUDUSD from 0.69810 support
TA Other Chart analysis
Yesterday at 12:27 PM 21
Bruce_Powers
Brent sell
Period: 04.08.2026 Expectation: 700 pips
Brent crude sell-off targets $80
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 11:43 AM 25
Sinclair_John
AUDUSD buy
Period: 28.07.2026 Expectation: 720 pips
Go long on AUDUSD with 0.70800 target before Australian employment data comes out
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Yesterday at 10:56 AM 12
Lyra_Moonwell1
BTCUSD buy
Period: 21.07.2026 Expectation: 2050 pips
Buying BTCUSD on rising institutional demand
Technical analysis Indicators and reports Indicators Hot news Fundamental analysis
Yesterday at 08:16 AM 23
Emily_Foster
Tesla Inc buy
Period: 28.07.2026 Expectation: 5000 pips
Invest in Tesla shares ahead of earnings release
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 07:09 AM 13
Reed_Marcus
Go to forecasts