Coca-Cola HBC AG reported first-quarter net sales revenue of €2.71 billion. This figure represents a 12% increase driven by a 9.7% rise in volumes. Organic revenue grew by 11.6%, supported by emerging markets and energy drink sales.
The organic growth result slightly missed the analyst consensus forecast of 11.8%. Consumers in Austria, Greece, and Italy opted for cheaper alternatives due to cost-of-living pressures. Company shares fell 3.9% in London trading following the announcement.
Management reiterated its full-year guidance for 2026. The company expects full-year organic revenue growth between 6% and 7%. Leadership expressed confidence in its strategy despite a challenging macroeconomic environment.