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Research, Fundamental

European Coca-Cola Bottlers: Similar, but Different

Danny Yeo Sze Wai, CFA, Equity Analyst

19 May 2023

Summary

Despite being two of the largest European independent bottling partners for The Coca-Cola Company (KO 63 ****), both Coca-Cola Europacific Partners Plc (CCEP) and Coca-Cola HBC AG (CCH) are largely distinct in terms of customer profile.

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