Coca-Cola HBC AG reported strong financial results for 2025, generating €11.6 billion in net sales revenue, an increase of 7.9% on a reported basis and 8.1% organically.
Organic volume rose 2.8%, reaching 2,997.4 million unit cases during the year.
Energy remained the fastest-growing category, expanding 28.3%, while Sparkling beverages increased 2.5%.
Revenue per case grew 5.1% organically to €3.87, supported by disciplined pricing and revenue management initiatives.
Comparable EBIT reached €1.36 billion, up 13.8% reported and 11.5% organically, with the comparable EBIT margin improving to 11.7%, an increase of 60 basis points.
Net profit climbed 14.6% to €940.4 million, while comparable earnings per share rose 19.7% to €2.72.
Free cash flow totaled €700 million, and leverage remained low, with net debt at 0.7 times EBITDA.
The board proposed a dividend of €1.20 per share, representing a 17% increase year-on-year.
Coca-Cola HBC 2025 Key Financials
Revenue: €11.6bn
Organic revenue growth: 8.1%
Volume growth: 2.8%
Comparable EBIT: €1.36bn
EBIT margin: 11.7%
Net profit: €940.4m
Free cash flow: €700m
ROIC: 19.4%
Segment Performance
Emerging markets delivered the strongest momentum, with 13.2% organic revenue growth, led by Africa.
Developing markets increased 6.1%.
Established markets grew 2.3%, reflecting higher investment levels.
In October 2025, the company agreed to acquire Coca-Cola Beverages Africa, expanding its footprint across high-growth African markets.
Energy delivered its tenth consecutive year of double-digit growth. Coffee expanded in out-of-home channels through Costa Coffee and Caffè Vergnano.
Management expects macroeconomic volatility in 2026 but anticipates further progress against medium-term targets.
For retailers, the results signal continued pricing discipline, margin expansion and sustained category strength in Energy, reinforcing the company’s position within the Switzerland FMCG sector.
Editor’s Note: This article is based on the official full-year 2025 financial results published by Coca-Cola HBC AG for the period ended 31 December 2025. All financial figures are reported in euros and reflect company-released data, including organic performance measures and comparable results.
