Coca-Cola Enterprises (CCE) Misses Q3 EPS by 5c; Affirms FY16 Outlook

Go back to Coca-Cola Enterprises (CCE) Misses Q3 EPS by 5c; Affirms FY16 Outlook

Coca-Cola European Partners Reports Interim Results for the Third-Quarter Ended 30 September 2016

November 10, 2016 7:31 AM EST

LONDON--(BUSINESS WIRE)-- Coca-Cola European Partners plc (CCEP) (ticker symbol: CCE) today announces its interim results for the third-quarter ended 30 September 2016, and affirms full-year 2016 outlook.

Highlights

Third-quarter diluted earnings per share were 0.67 on a reported basis or 0.66 on a pro forma comparable basis, including a negative currency translation impact of 0.03. Third-quarter reported revenue totaled 3.0 billion. Pro forma comparable revenue was 3.0 billion, flat vs. prior year, or up 3.5 per cent on a pro forma comparable and fx-neutral basis. Volume increased 3.5 per cent on a pro forma... More

Damian Gammell to Succeed John F. Brock as Chief Executive Officer of Coca-Cola European Partners

November 10, 2016 7:30 AM EST

LONDON--(BUSINESS WIRE)-- Coca-Cola European Partners plc (CCEP) (ticker symbol: CCE) today announces the appointment of Damian Gammell as the companys Chief Executive Officer, effective 28 December, 2016. He is expected to be appointed to the Board of Directors in December. Gammell will succeed John Brock, who has decided to retire after the successful merger to create Coca-Cola European Partners and a distinguished international career in the consumer goods industry.

Gammell is currently Chief Operating Officer of Coca-Cola European Partners. Prior to this, he served as Chief Executive Officer of Anadolu EFES... More