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Coca-Cola HBC AG, a growth-focused Consumer Packaged Goods business and strategic bottling partner of The Coca-Cola Company, today announces its Q3 2025 trading update.
Third quarter highlights
1 For details on APMs refer to ‘Alternative Performance Measures’ and ‘Definitions and reconciliations of APMs’ sections.
Our continued progress is reflected in another solid quarter, leading to organic revenue growth of 8.1% over the first nine months of the year. This performance highlights the strength of our portfolio and our ability to drive growth in volume, revenue-per-case and market share, even in mixed markets.
As we head into the final quarter, our focus on delivering consistent growth remains clear. Thanks to our resilient 24/7 portfolio, bespoke capabilities, passionate teams, and broad geographic reach, we are well placed to navigate ongoing macroeconomic and geopolitical uncertainty. With this confidence, we are reaffirming our financial outlook for the year ahead.
We are also proud to announce the acquisition of a majority stake in Coca-Cola Beverages Africa, along with a path to full ownership. With our European markets and soon-to-be expanded African business, we see a strong new platform for growth and value creation. Thank you to all our teams for their continued hard work and commitment, and to The Coca-Cola Company and the Gutsche family for the trust they have placed in us.
Zoran Bogdanovic Chief Executive Officer of Coca-Cola HBC AG
Q3 2025 vs Q3 2024 growth (%) |
Net sales revenue |
Volume |
Net sales revenue per unit case |
|||
|
Organic1 |
Reported |
Organic1 |
Reported |
Organic1 |
Reported |
Group |
5.0 |
4.9 |
1.1 |
1.1 |
3.8 |
3.7 |
Established markets |
1.2 |
1.6 |
-1.0 |
-0.9 |
2.1 |
2.5 |
Developing markets |
4.8 |
5.4 |
0.7 |
0.7 |
4.1 |
4.6 |
Emerging markets |
7.9 |
7.1 |
2.0 |
2.0 |
5.8 |
5.0 |
1For details on APMs refer to ‘Alternative Performance Measures’ and ‘Definitions and reconciliations of APMs’ sections.
