Coca-Cola European Partners (CCE) PT Raised to $46 at Deutsche Bank

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Coca-Cola European Partners Reports Preliminary Unaudited Results for the Fourth-Quarter and Full-Year Ended 31 December 2017

February 15, 2018 7:30 AM EST

Solid Full-Year 2017 Revenue and Operating Profit Growth, Strong Free Cash Flow Generation

LONDON--(BUSINESS WIRE)-- Coca-Cola European Partners plc (CCEP) (ticker symbol: CCE) today announces preliminary unaudited results for the fourth-quarter and full-year ended 31 December 2017, and provides full-year 2018 outlook.

Highlights

Full-year diluted earnings per share were 1.41 on a reported basis or 2.12 on a comparable basis, including a negative currency translation impact of 0.04. Full-year reported revenue totalled 11.1 billion, up 21.0 percent, or up 3.0 percent on a comparable and fx-neutral basis. Volume... More