Modest top-line growth in a resilient beverage market with improving margins from efficiency programmes. The absence of explicit full-year guidance in this filing leaves uncertainty; watch for the next 6-K or 20-F for updated outlook. Continued share buybacks and dividend growth support total return.
Price Chart
Executive Summary
CCEP reported solid H1 2026 results with revenue of €10,724M (+4.4% reported, +6.1% FX-neutral) and comparable diluted EPS of €2.20 (+9.2% reported, +10.6% FX-neutral). Volume grew 2.2% on a days-adjusted basis, driven by +3.5% in APS and +1.6% in Europe. The company also declared an interim dividend of €0.82/share (up from €0.79) and repurchased €503M in shares under its €1B buyback programme.
Key Facts
- H1 2026 revenue €10,724M, +4.4% reported, +6.1% FX-neutral vs H1 2025
- H1 2026 comparable operating profit €1,481M, +6.5% reported, +8.1% FX-neutral
- H1 2026 comparable diluted EPS €2.20, +9.2% reported, +10.6% FX-neutral
- Days-adjusted volume growth +2.2% (Europe +1.6%, APS +3.5%)
- Interim dividend €0.82 per share (H1 2025: €0.79)
- Share buyback: €503M spent in H1; up to €1B programme launched February 2026
- Net debt €10,284M (Dec 2025: €9,823M)
- Effective tax rate 26% for H1 2026
Financial Impact
Revenue +€450M reported YoY; comparable operating profit +€91M; comparable diluted EPS +€0.18
Risk Factors
- Heightened geopolitical tensions in the Middle East impacting energy costs and supply chains
- Persistent inflation and consumer affordability pressures in Europe
- Increased net debt from €9.8B to €10.3B
- FX headwinds, particularly in APS markets (Philippine peso, Indonesian rupiah)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001650107-26-000096 |
| Document: 0001650107-26-000096-index-headers.html | 0001650107-26-000096 |
| Document: 0001650107-26-000096-index.html | 0001650107-26-000096 |
| Document: 0001650107-26-000096.txt | 0001650107-26-000096 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 6-K | $103.01 $102.31 | ▼ −0.68% | ▼ −2.81% | $101.06 (−1.89%) |
Sep 14, 2026 18d ago | 6-K | $104.67 $100.53 | ▼ −3.96% | ▼ −4.06% | $101.06 (−3.45%) |
Sep 8, 2026 24d ago | 6-K | $106.55 $103.01 | ▼ −3.32% | ▼ −2.20% | $101.06 (−5.15%) |
Sep 1, 2026 4w ago | 6-K | $107.60 $103.82 | ▼ −3.51% | ▼ −3.59% | $101.06 (−6.08%) |
Sep 1, 2026 4w ago | 6-K | $107.60 $103.82 | ▼ −3.51% | ▼ −3.59% | $101.06 (−6.08%) |
Aug 24, 2026 5w ago | 6-K | $110.12 $108.02 | ▼ −1.91% | ▼ −2.38% | $101.06 (−8.23%) |
Aug 17, 2026 6w ago | 6-K | $105.57 $110.12 | ▲ +4.31% | ▲ +5.50% | $101.06 (−4.27%) |
Aug 10, 2026 7w ago | 6-K | $106.03 $105.57 | ▼ −0.43% | ▼ −0.39% | $101.06 (−4.69%) |
Aug 4, 2026 8w ago | 6-K | $106.13 $106.51 | ▲ +0.36% | ▲ +0.46% | $101.06 (−4.78%) |
Aug 4, 2026 8w ago | 6-K | $106.13 $106.51 | ▲ +0.36% | ▲ +0.46% | $101.06 (−4.78%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access