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CCH Coca-cola Hbc Ag

2,636.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Coca-cola Hbc Ag LSE:CCH London Ordinary Share CH0198251305 ORD CHF6.70 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2,636.00 2,628.00 2,630.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Btld & Can Soft Drinks,water 10.18B 636.5M 1.7061 15.42 9.81B

Coca-Cola Suspends Business in Russia

08/03/2022 9:27pm

Dow Jones News


Coca-cola Hbc (LSE:CCH)
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From May 2021 to May 2024

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   By Denny Jacob 
 

Coca-Cola Co. said Tuesday it is suspending its business in Russia.

The soft drink company said it will continue to monitor and assess the situation as circumstances evolve.

Coca-Cola said the impact to the company is not yet fully known. The company's business in Russia and Ukraine contributed about 1% to 2% of its consolidated net operating revenues and operating income in 2021, according to its most recent public filing. The company said it had an approximately 21% ownership interest in Coca-Cola HBC AG, the company's bottling and distribution partner in the region, as of Dec. 31, 2021.

Shares of Coca-Cola are down 3.7% at $58.81 late in Tuesday's trading session.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

March 08, 2022 16:12 ET (21:12 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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