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CCH Coca-cola Hbc Ag

2,658.00
44.00 (1.68%)
Last Updated: 10:14:56
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
  44.00 1.68% 2,658.00 2,656.00 2,660.00 2,672.00 2,632.00 2,632.00 116,588 10:14:56
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Btld & Can Soft Drinks,water 10.18B 636.5M 1.7061 15.57 9.91B

S&P Revises Coca-Cola HBC AG Outlook to Negative, Affirms Ratings

17/03/2022 6:21pm

Dow Jones News


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

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By Josh Beckerman

 

S&P Global Ratings revised its outlook to negative from stable for Coca-Cola HBC AG, whose operations include Coca-Cola sales in Russia and Ukraine.

S&P, which affirmed the company's ratings, said Russia represented about 15.5% of total volume in 2021.

Last week, Coca-Cola Co. said it would suspend operations in Russia. As of Dec. 31, Coca-Cola Co. owned about 21% of Coca-Cola HBC.

In addition to "material disruptions" resulting from the suspension, Coca-Cola HBC faces issues including high commodity costs, S&P said.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

March 17, 2022 14:06 ET (18:06 GMT)

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

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