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. API Weekly Crude Oil Stock. The value of the indicator has decreased from 4.4M to -1.9M
Yesterday at 11:47 PM
United States. Federal Budget Balance. The value of the indicator has decreased from $198B to $-284B
Yesterday at 7:47 PM
United States. Atlanta Fed GDPNow. The value of the indicator has decreased from 4.2% to 4%
Yesterday at 4:47 PM
United States. PPI (MoM). The value of the indicator has increased from -0.1% to 0.3%
Yesterday at 1:30 PM
United States. Retail Sales (MoM). The value of the indicator has decreased from 0.6% to 0.2%
Yesterday at 1:30 PM
Top news
United States. Retail Sales (MoM). The value of the indicator has decreased from 0.6% to 0.2%
Yesterday at 1:30 PM
European Union. Manufacturing PMI. The value of the indicator has decreased from 50 to 49.7
21 November
United States. Nonfarm Payrolls. The value of the indicator has increased from -4K to 119K
20 November
United States. Unemployment Rate. The value of the indicator has increased from 4.3% to 4.4%
20 November
United States. Trade Balance. The value of the indicator has increased from $-78.2B to $-59.6B
19 November
All news

Forecasts

AUDUSD buy
Period: 02.12.2025 Expectation: 435 pips
Consider buying AUDUSD amid higher investor appetite and weaker dollar
Technical analysis Indicators and reports TA Other Indicators Fundamental analysis
Yesterday at 11:03 AM 35
Lyra_Moonwell1
Gold sell
Period: 31.12.2025 Expectation: 5000 pips
Selling gold from $4,200 per ounce
FA Other
Yesterday at 09:58 AM 33
McCarthy_Raymond
Tesla Inc buy
Period: 05.12.2025 Expectation: 4000 pips
Closing gap near $430 to confirm Tesla’s next leg higher
Indicators Chart analysis Hot news
Yesterday at 09:38 AM 22
John_Bullard
Brent sell
Period: 30.04.2026 Expectation: 300 pips
Brent crude selloff with $60.0 per barrel in sight
Indicators and reports TA Other
Yesterday at 06:51 AM 20
McCarthy_Raymond
BTCUSD buy
Period: 02.12.2025 Expectation: 7800 pips
Buying Bitcoin on positive news from US Fed
Technical analysis FA Other Indicators Hot news Fundamental analysis
Yesterday at 06:51 AM 33
Emily_Foster
Silver sell
Period: 01.12.2025 Expectation: 1800 pips
Silver slides despite technical signals
Technical analysis TA Other FA Other Indicators Fundamental analysis
24 November 2025 45
Lyra_Moonwell1
Go to forecasts