Swiss-based Coca-Cola bottler HBC records 88% jump in half year profits buoyed by recovery in out of home consumption

SWITZERLAND – Hellenic Bottling Company, the world’s third-largest Coca-Cola anchor bottler in terms of volume, has reported a 88% surge in net profit to 233.1 million euros (US$273.54 million) for the six months ended July 2.  The company’s impressive half-year profits were realized from sales of 1.126-billion-unit cases for total net revenue of 3.247 billion euro (US$3.8 billion).  According to the Zug, Switzerland-based company, ongoing recovery and effective execution drove additional momentum and share gains in Q2.  “We are very pleased with the first half in which we increased value share gains, revenues and profitability as well as making…

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