Coca-Cola HBC targets upper-end annual revenue growth on steady demand, price hikes
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Coca-Cola HBC forecasts annual organic revenue growth at the upper end of its 6%-8% guidance, driven by steady demand in emerging markets and recent price hikes. The company reported a 9.9% rise in organic revenue for the first half of the year, with a notable 17.4% increase in emerging markets. CEO Zoran Bogdanovic acknowledged the challenges posed by macroeconomic and geopolitical uncertainties but remains optimistic about growth in organic revenue and EBIT.
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