Coca-Cola HBC, one of the world’s largest bottlers of Coca-Cola products, has reported a 9% increase in volumes.

In half-year results to end July 1, Coca-Cola HBC said that volume excluding the impact of recent acquisitions in Russia, Bulgaria and Serbia grew by 9% in the first half of 2005 and 10% on a like-for-like selling day basis.

Volumes excluding acquisitions were also up 13% for the second quarter of 2005.

Doros Constantinou, managing director of Coca-Cola HBC, said: “Despite higher raw material costs and limited pricing initiatives in some markets, supply chain efficiencies enabled us to sustain our margins at the same level as the first half of last year.”