Coca-Cola HBC reported 11.6% organic revenue growth for the first quarter of 2026. Organic volume increased 9.6% during the period. Sparkling and energy drink categories drove performance across all market segments.
Organic revenue growth narrowly missed the 11.8% analyst consensus estimate. Company shares fell as much as 5.3% following the trading update.
Management attributed the revenue-per-case impact to an early Easter holiday. This timing triggered increased promotions and a consumer shift toward lower-revenue multi-serve packages.
Coca-Cola HBC reiterated its full-year guidance for 2026. The company maintained its financial outlook despite citing challenging macroeconomic conditions.