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Coca-Cola Europacific Partners PLC: Growth Strategy Report 2025

$CCEP
Form 6-K
Filed on: 2025-05-14
Source
Coca-Cola Europacific Partners PLC: Growth Strategy Report 2025

Key Information Extracted from the SEC Filing (Form 6-K) of Coca-Cola Europacific Partners PLC

General Information:

  • Company Name: Coca-Cola Europacific Partners PLC (CCEP)
  • Filing Date: May 14, 2025
  • Commission File Number: 001-37791
  • Headquarters Address: Pemberton House, Bakers Road, Uxbridge, UB8 1EZ, United Kingdom
  • Stock Exchange Listings: Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges (Ticker: CCEP)

Capital Markets Event:

  • Event Location: Manila
  • Participants: Chair Sol Daurella and Chief Executive Damian Gammell, along with the executive leadership team.
  • Purpose: To present CCEP’s growth strategy and key enablers for mid-term growth objectives and shareholder value.

Mid-Term Growth Objectives:

  1. Revenue Growth: Comparable FX-neutral revenue growth of ~4%.
  2. Operating Profit Growth: Comparable operating profit growth of ~7%.
  3. Free Cash Flow: Targeting at least €1.7 billion in comparable free cash flow.
  4. Net Debt to EBITDA: Aiming for a ratio of 2.5-3.0x.
  5. Return on Invested Capital (ROIC): Comparable ROIC growth of ~50 basis points per annum.
  6. Capital Expenditure (Capex): Expected to be ~4-5% of revenue.
  7. Dividend Payout Ratio: Aiming for a ratio of ~50%.

Strategic Focus Areas:

  • Building on a strong track record with clear growth opportunities in various categories.
  • Scaling business capabilities effectively.
  • Enhancing productivity through technology.
  • Long-term investments to ensure sustained growth and shareholder value.

Forward-Looking Statements:

  • The document includes forward-looking statements regarding financial condition, performance, results, and strategic objectives.
  • Risks that could affect actual results include economic conditions, changes in costs, legal and regulatory factors, and operational challenges.
  • CCEP does not undertake any obligation to update forward-looking statements unless required by law.

Contact Information:

  • General Counsel and Company Secretary: Clare Wardle (secretariat@ccep.com)
  • Investor Relations: Sarah Willett (sarah.willett@ccep.com)
  • Media Inquiries: mediaenquiries@ccep.com

Summary Insights:

Coca-Cola Europacific Partners PLC is actively positioning itself for growth through a clear strategy that focuses on revenue and profit growth, effective capital management, and enhancing productivity. The emphasis on shareholder value and strategic investments suggests a proactive approach to navigating potential market challenges. The upcoming Capital Markets Event in Manila will further elucidate these strategies to investors and analysts.