Coca-Cola Europacific Partners PLC (CCEP) Q1 2026 Sales/Trading Call Transcript
Coca-Cola Europacific Partners PLC (CCEP) reported its Q1 2026 trading update, highlighting volume growth and revenue performance across key markets. The company maintained its full-year guidance despite ongoing cost pressures and foreign exchange headwinds. CEO Damian Gammell emphasized strong execution in operations and continued momentum in non-carbonated beverage categories. CFO Ed Walker noted disciplined cost management and stable margin performance.
- ▪CCEP reported volume growth in Q1 2026 on a comparable and FX-neutral basis, driven by strong demand in Europe and the Pacific regions.
- ▪Revenue increased in the mid-single digits, supported by pricing initiatives and product mix improvements.
- ▪The company reaffirmed its full-year 2026 financial guidance, including mid-single-digit revenue growth and stable adjusted operating margins.
- ▪Non-carbonated beverages, including water and ready-to-drink tea, showed accelerated growth compared to carbonated soft drinks.
- ▪Input cost inflation moderated compared to prior quarters, but supply chain and energy costs remain areas of focus.
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