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Coca-Cola HBC AG (Coca-Cola HBC AG) Dividends Received


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What is Coca-Cola HBC AG Dividends Received?

Dividends Received only applicable to companies reporting Cash Flow from Operations in direct method.


Coca-Cola HBC AG (Coca-Cola HBC AG) Business Description

Traded in Other Exchanges
Address
Turmstrasse 26, Steinhausen, CHE, CH-6312
Coca-Cola HBC, or HBC, is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola FEMSA and Coca-Cola Europacific Partners, or CCEP. In 2022, HBC sold 2.7 billion unit cases of beverages. For context, Coke's largest bottler, Coke FEMSA, sold 3.75 billion unit cases in Latin America, and the second-largest, CCEP, serving Europe, Southeast Asia, and the South Pacific region, sold 3.3 billion unit cases. There is a long tail of Coke distributors, including brewers and independent operators with very small distribution territories.HBC is listed on the LSE. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of HBC, and The Coca-Cola Company, or TCCC, holds a further 21%. The remaining 56% is free float.