Damian Gammell news, opinion and analysis
Damian Gammell is CEO of Coca-Cola Europacific Partners since 2017. The Grocer covers CCEP and Gammell across news, comment and features.
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NewsStrong GB volumes boost Coca-Cola Europacific Partners
Volume growth in Great Britain helped propel bottling group Coca-Cola Europacific Partners (CCEP) to a ’solid’ third quarter despite weaker category demand globally
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NewsCoca-Cola Europacific Partners downgrades revenue guidance but profit healthy
Coca-Cola Europacific Partners has downgraded its revenue guidance for 2025 despite a “solid first half performance” that boosted reported operating profit by 19.4%
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NewsCCEP’s ‘strategic’ offloading of Capri-Sun brings volume declines
CCEP reported revenue of €4.7bn during the first three months of 2025
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NewsCoca-Cola Europacific Partners to return €1bn to shareholders after ‘solid’ year
Coca-Cola Europacific Partners is launching a €1bn share buyback programme after reporting a rise in revenues and volumes in 2024
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NewsCity snapshot: Associated British Foods delivers better-than-expected profits
Profits at Associated British Foods have beaten market forecast thanks to margin recovery at Primark and “good growth and strong profitability” in the food division. Plus, interims from Distil, a trading update from Hilton Food Group, Q3 results from Coca-Cola Europacific Partners and the latest retail sales data from the BRC and spending report from Barclays
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NewsCity snapshot: CCEP boosted by Asia-Pacific growth to mitigate European volume decline
GB Coke bottler Coca-Cola Europacific Partners has posted a rise in underlying first-half problems despite poor weather in Europe, as growth in south east Asia and Australia boosted performance
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NewsCoca-Cola Europacific Partners hires internally to fill CFO role
Walker has held several roles in the Coca-Cola system, including as CFO of the Coca-Cola bottler in Canada
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NewsCity snapshot: ‘Robust’ year for Tate & Lyle as it completes transformation with $350m sale of Primient
Tate & Lyle has completed its transformation to become a growth-focused speciality food and beverage ingredients business with the sale of its remaining interest in Primient for $350m. Plus, full-year results from Tate & Lyle, a Q1 update from Bakkavor, Coca-Cola Europacific Partners appoints CFO and Gusbourne publishes annual results
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NewsCity snapshot: Diageo announces CCEP’s Nik Jhangiani as CFO
Diageo has announced Nik Jhangiani will become its CFO later in the year. Plus, Asda refinances £3.2bn of debt and all the rest of the news from the City
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NewsCity snapshot: Sainsbury’s forecasts profits of £1bn in 2024 on strong grocery growth
Sainsbury’s has posted an uplift in underlying annual profits and forecast another rise in profits in the current financial year. Plus updates from Unilever, Nestlé, CCEP, WH Smith and more
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NewsCity snapshot: CCEP posts annual growth of 8% despite dip in sales volumes
Coca-Cola Europacific Partners has posted annual constant currency growth of 8% despite a dip in overall sales volumes
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NewsCity snapshot: Volumes fall at Coca-Cola Europacific Partners as bottler focuses on revenues and margin
Coca-Cola Europacific Partners has seen sales grow ahead of volumes in the third quarter as a result of mixed weather across Europe, higher prices and lapping strong comparatives last year. Plus, Heineken appoints new European president and Glanbia upgrades profit expectations.
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NewsCity snapshot: CCEP proposes $1.8bn acquisition of Coca-Cola Beverages Philippines
Coca-Cola Europacific Partners is in advanced talks to buy the Philippino Coke bottler from the Coca-Cola Company in a deal that could be worth $1.8bn. Plus, first-half results from Haleon and Kerry Group.
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NewsCoke bottler CCEP to continue raising prices despite easing inflation
Coca-Cola Europacific Partners has said it will continue to take action on pricing in 2023 despite double-digit price increases in the first quarter
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NewsCity snapshot: Nestlé first quarter volumes slip back as price hikes near 10%
Nestlé has reported organic growth of over 9% despite a dip in sales volumes. Plus ABF margins hit by cost inflation, Ocado to shut CFC, trading improves at McBride and all the rest of the latest news from the City
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NewsCity snapshot: Nestlé targets margin improvement after cost inflation dents profitability
Nestlé has targeted margin improvement in 2023 despite ongoing cost inflation after soaring input costs dented profitability in 2022. Plus updates from CCEP, Pernod Ricard, Kerry Group and SSP Group
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NewsCity snapshot: Food price inflation hits new record high of 11.6%
Food price inflation has soared to its highest level on record, according to the month BRC-Nielsen IQ Shop Price Index
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NewsCity snapshot: Coca-Cola Europacific Partners raises guidance on out of home rebound
GB Coke bottler Coca-Cola Europacific Partners has raised its sales and profits outlook after strong volume-driven first half growth on the back of a strong rebound of out-of-home consumption
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NewsCity snapshot: WH Smith sales soar on global travel recovery
WH Smith has seen a strong rebound and revenues and moved back into profit as travel retail sales rebounded amid the relaxation of Covid restrictions. Plus updates from Coca-Cola Europacific Partners, Gousto and Nichols.
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NewsMedia Bites 17 February: Heineken, inflation, Kraft Heinz, M&S
Heineken’s chief executive has warned that “off the charts” cost inflation will further push up the price of a pint and said the risk of outright shortages was growing as brewers face persistent challenges delivering beer to pubs, restaurants and supermarkets.