Coca-Cola Europacific Partners plc Announces Q1 2022 Trading Update - Seite 3

Note: All footnotes included after the 'About CCEP' section

Q1 HIGHLIGHTS[2],[3]

Revenue

Q1 Reported +62.0%; Q1 Pro forma +18.5%^[5]

• Reported growth, in addition to the drivers below, reflects the acquisition of Coca-Cola Amatil (completed 10 May 2021)
• NARTD YTD value share gains^[4] across measured channels both in store (+10bps) & online (+20bps)
• Pro forma comparable volume +16.0%^[6] (+3.5% vs 2019) driven by the reopening of the away from home (AFH) channel in Europe, solid trading in API, a great start to Ramadan in Indonesia & soft comparables (Q1 2021 volume -8.5% vs 2020)
• Strong AFH pro forma comparable volume: +40.0%^[6] (-1.5% vs 2019) reflecting the reopening of HoReCa^[7] across Europe (+56.0% vs 2021) & recovery of immediate consumption (IC) packs (+52.0% vs 2021)
• Resilient Home pro forma comparable volume: +4.0%^[6] (+7.0% vs 2019) driven by solid in-market execution
• Recent trading reflects the continued recovery of the AFH channel across our markets & our biggest ever Ramadan activation
• Pro forma revenue per unit case +3.5%^[1],[5] (+4.5%^[8] vs 2019) reflecting positive pack & channel mix led by the recovery of AFH, alongside favourable price across all markets

Dividend

• Declaring first-half interim dividend per share of €0.56, calculated as 40% of the FY21 dividend, with the second-half interim dividend to be paid with reference to the current year annualised total dividend payout ratio of approximately 50%

Other

• API integration well advanced; previously announced plans to enable greater focus on NARTD, RTD alcohol & Spirits remain on track, including the sale of NARTD own brands to The Coca-Cola Company. The exit of Australia beer & apple cider products will conclude by the end of the first half, however CCEP will retain ownership of the standalone Feral craft brewery
• Innovation highlights: new What the Fanta Pink & Monster flavour extensions (including Monster Ultra Watermelon & Gold)
• Sustainability highlights:
  • recognised, for the second time, in the Financial Times-Statista list of Europe's Climate Leaders
  • third manufacturing site certified carbon neutral (Belgium)
  • switched to using bio-fuel across our entire third party logistics fleet in the Netherlands

FY22 GUIDANCE[2],[3]