CCEP HFSS range

Coca-Cola Europacific Partners has reported “another strong year” in 2025 with robust top and bottom-line growth.

Revenues at the bottler increased 2.3% year on year to €20.9bn, with volumes nudging up 0.2%, while operating profits at the group rose 31% to €2.8bn.

Volumes slipped by 0.9% in Europe the final quarter of the year as consumers focused on value and saving money, with the performance boosted by 1% growth in Australia, Pacific & Southeast Asia.

In Great Britain, revenues grew 4.3% in the year to €3.5bn thanks to price increases, but struggled in the fourth quarter, sliding by 1.3% to €855m. Volumes were broadly flat in GB in the final three months of 2025 with growth in large multi-packs offset by a decline in large plastic bottles during the Christmas period.

Across the full year in GB, the group recorded a low single-digit volume rise driven by double-digit increase in Monster, Dr Pepper and Sprite, supported by growth in Coca-Cola Zero and improved performance from Diet Coke.

“2025 has been another strong year for CCEP,” CEO Damian Gammell said. “We continue to refresh our consumers and lead value creation for our customers across beverage categories that are growing strongly.

“We delivered robust top and bottom-line growth, generated strong free cashflow and again grew shareholder returns. Our consumers continued to enjoy a wonderful portfolio of beverages, our revenue growth reflecting the ongoing demand for value from consumers but also for innovation and premiumisation. Our business continues to become more efficient, our multi-year productivity programmes supporting resilient profit growth and investment for the future.”

He added the group operated in vibrant categories even though the consumer environment remained challenging.

“We’re investing more than ever in growth and greater productivity to drive expanding operating margins. With strong commercial and innovation plans in place, including the 2026 FIFA World Cup, we’re excited about what this year will bring to customers and consumers.”

CCEP also announced a dividend per share of €2.04 and also a €1bn share buyback programme to return cash to shareholders.

The group forecast revenue growth of 3% to 4% in 2026 and operating profit growth of 7%.

“Our guidance, combined with a growing dividend and further €1bn of share buybacks demonstrate the strength of this great business and our ability to deliver attractive and consistent shareholder value,” Gammell said.