Coca-Cola Enterprises (CCE) Reaffirms FY12 Outlook; Extends Employment Agreement of Chairman Brock

Article Related Press Releases (1) Stock Quotes (1) Comments (0)

Coca-Cola Enterprises (NYSE: CCE) reaffirms its current 2012 full-year guidance. This guidance calls for comparable earnings per diluted share in a range of $2.18 to $2.24, including the expected negative impact of currency translation. The company also expects net sales and operating income growth in a mid-single-digit range, both on a comparable and currency neutral basis. This guidance includes the impact of the French excise tax increase.

The move is being made ahead of the Barclays Back-To-School Conference in Boston at 12:45 p.m. ET.

CCE today announced the Board of Directors and chairman and chief executive officer John F. Brock have agreed to extend his employment term through 2014.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Men's Wearhouse (MW) Terminates George Zimmer; Postpones Annual Meeting
• Kodak (EKDKQ) Asks Court to Approve $406M Rights Offering on Bankruptcy Emergence
• Amazon.com (AMZN) Announces 'Birthday Gift' Initiative for Facebook (FB)

Create E-mail Alert Related Categories

Corporate News, Guidance, Management Changes

Related Entities

Barclays, Earnings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?