Coca-Cola HBC has received the highest sustainability scores from the MSCI ESG Ratings for the ninth year running. The distinction for the company comes from one of the most highly recognized rankings among investors that measures the way an organization manages financially significant ESG risks and opportunities, with Coca-Cola HBC once again being rated the highest - AAA. In addition to the distinction from MSCI ESG Ratings, in June 2023, Coca-Cola HBC was once...

Mr. Kolev, could you please share more about how the Coca-Cola HBC Bulgaria plant in Bankia has been developing in recent years? Which are the innovations that help you improve your manufacturing processes? I'm glad you used the word "development" because if I had to describe our production center in Bankya with just one word, that's the word I would use. We are delighted that the plant continues to build on its excellent results. We continuously in...

Krum Stoimenov is the new Chief Financial Officer of Coca-Cola HBC Bulgaria. He succeeds Stefan Galabov, who will continue his successful career at Coca-Cola HBC as CFO for Serbia and Montenegro. In his new position, Krum Stoimenov will combine the responsibilities of Executive Director and member of the Board of Directors of Coca-Cola HBC Bulgaria. He will lead a team of 35 professionals responsible for the company's financial resources, profitability, and strategic busi...

Danone SA reported faster-than-expected revenue growth as price hikes compensated for a drop in the volume of products sold. Sales rose 6.4% on a like-for-like basis in the second quarter, the French yogurt maker said Wednesday. Analysts expected an increase of 5.7%. The water business grew the fastest out of its three divisions, led by brands such as Evian. The company said it expects full-year revenue growth in the upper end of its range of 4% to 6% as volumes improve...

Coca-Cola’s second-quarter earnings and revenue topped Wall Street’s estimates. The beverage giant also raised its full-year outlook, following in the footsteps of rival PepsiCo. Coke has been been raising prices across its portfolio, including another round of hikes during the first quarter. Coca-Cola raised its full-year outlook after reporting earnings and revenue that topped estimates. “On the positive side, many supply chain...