Finance
Shares in Coca-Cola bottlers drop sharply on weak outlook
Published by Global Banking and Finance Review
Posted on August 6, 2025
2 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 6, 2025
2 min readLast updated: January 22, 2026
Shares of Coca-Cola bottlers fell due to weak revenue forecasts and trade tensions, impacting consumer sentiment and leading to a decline in share prices.
By Aatrayee Chatterjee
(Reuters) -London-listed shares of bottlers Coca-Cola HBC and Coca-Cola Europacific Partners dropped sharply on Wednesday, as weak consumer sentiment and concerns over the impact of trade tensions weighed on their annual revenue forecasts.
Coca-Cola HBC, which bottles drinks in 29 counties including Italy, Russia and Nigeria, forecast annual organic or self-generated revenue growth at the top end of its 6%-8% guidance range, but fell short of average market estimates of 8.8%.
Meanwhile, Coca-Cola Europacific Partners (CCEP), which operates in 31 countries in Western Europe, Australia, Asia Pacific and Southeast Asia, guided investors to expect revenue growth between 3% and 4%, down from an earlier forecast of about 4%.
Shares in the companies dropped roughly 10% in early London trading, both underperforming the wider FTSE 100 index which was up 0.2%.
In addition to global concerns that U.S. tariffs are weighing on consumer and business sentiment, the bottlers have over the past year faced backlashes from consumers in Indonesia, where CCEP operates, and Egypt, where Coca-Cola HBC operates, as consumers shied away from U.S. brands due to the Israel-Gaza conflict.
The companies, which bottle Coca-Cola and other drinks in different regions, have been raising prices to shield margins from elevated costs and lower spending.
Last month, Coca-Cola Co, which holds stakes in both the bottlers, said cost pressures stemming from global trade dynamics remained manageable, but added it would consider switching to cheaper packaging options, such as plastic bottles, after the Trump administration imposed a 25% tariff on aluminium imports.
Coca-Cola HBC CEO Zoran Bogdanovic told Reuters the company was monitoring U.S. trade policies, but noted that its localized sourcing and production model limits direct exposure to U.S. tariffs.
(Reporting by Aatrayee Chatterjee in Bengaluru; Writing by Yadarisa Shabong; Editing by Rashmi Aich and David Holmes)
Shares in Coca-Cola bottlers Coca-Cola HBC and Coca-Cola Europacific Partners dropped sharply due to weak consumer sentiment and concerns over the impact of trade tensions.
Coca-Cola HBC forecasted annual organic revenue growth at the top end of its 6%-8% guidance range, but this fell short of investor expectations.
Coca-Cola Europacific Partners guided investors to expect revenue growth between 3% and 5%, which contributed to the decline in share prices.
The bottlers have been raising prices to shield their margins from elevated costs and lower consumer spending.
Coca-Cola HBC's CEO noted that while they are monitoring U.S. trade policies, their localized sourcing and production model limits direct exposure to U.S. tariffs.
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