Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) reported third-quarter revenue of €5.41 billion on Wednesday, in line with analyst expectations, as the beverage bottler reaffirmed its full-year guidance despite uneven performance across regions. Shares rose 1.15% in premarket trading following the results.
Adjusted comparable volume increased 0.4% year over year, while revenue grew 3.2% on an FX-neutral basis. The company’s European business remained a key driver, posting 0.9% volume growth, offsetting a 0.6% decline in the Asia-Pacific region.
“2025 continues to be a solid year for CCEP, reflecting our great brands, great people, great execution and strong relationships with our brand partners and customers,” said Chief Executive Officer Damian Gammell. “We’ve delivered another quarter of volume growth in Europe, despite softer consumer demand.”
Europe’s performance was underpinned by robust execution, particularly in Great Britain, where revenue rose 5.9% (8.4% FX-neutral). This helped counter macroeconomic pressures in Southeast Asia, where Indonesia faced persistent headwinds and the Philippines contended with typhoon-related disruptions.
Energy drinks remained a bright spot, with volumes jumping 24% year on year, driven by new product launches and continued strength in the core lineup. Coca-Cola Zero Sugar also recorded solid growth, rising 6.3% in the quarter.
The company announced a second-half interim dividend of €1.25 per share, maintaining its annualized payout ratio near 50%. CCEP reiterated its full-year outlook, expecting revenue growth of 3–4% and operating profit growth of around 7%.
“Our performance, coupled with our continued focus on productivity, is driving strong and profitable cash generation, supporting record investment in future growth, a growing dividend and ongoing share buybacks,” Gammell added.