Coca-Cola Europacific Partners (CCEP) 21st Annual dbAccess Global Consumer Conference 2024 summary

Business performance and strategic positioning

• Operating in a growing, profitable category across Europe and Asia Pacific, with strong brand and infrastructure positioning.

• Revenue reached EUR 20 billion, with robust free cash flow enabling shareholder returns, business investment, and M&A.

• Recent acquisitions in the Philippines and Indonesia have diversified the geographic mix and enhanced growth prospects.

• Customers achieve margins above 20% on products, supporting strong customer relationships.

• Focus on both retail and away-from-home channels, with a balanced and resilient business model.

Growth drivers and market opportunities

• Strong growth in Europe, with even higher growth rates in Australia, New Zealand, Indonesia, and the Philippines.

• High single-digit growth in Indonesia and the Philippines, driven by young, dynamic populations and favorable macro trends.

• Ongoing focus on profitable diversification, including expansion into higher-margin segments and packaging innovation.

• Alcoholic ready-to-drink is not yet a significant revenue driver but presents future potential, especially in Australia and New Zealand.

• Integration of the Philippines business is progressing well, with increased CapEx to unlock further profitability.

Operational excellence and digital transformation

• Investment in technology, data analytics, and robotics to drive productivity and smarter decision-making.

• 85% of revenues are now fully digital, enabling advanced revenue growth management and promotional optimization.

• Shared service centers in Sofia and Manila provide strategic capabilities and risk management.

• Use of analytics in supply chain and demand planning supports EUR 350-400 million productivity goal.