Coca-Cola HBC stock reports 9.60 percent revenue growth

Published on 09/29/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coca-Cola HBC stock posted 15.20 percent organic EBIT growth in H1 2026. Berenberg lifted its target from GBp 5,453 to GBp 5,483 on September 29, 2026.

Coca-Cola HBC, GRS104003009, Illustration mit AI erstellt.

Coca-Cola HBC stock is anchored by 9.60 percent organic revenue growth in the first half of 2026, while comparable EBIT rose 15.20 percent organically to EUR 760.0 million. On September 29, 2026, MarketBeat reported that Berenberg raised its Coca-Cola HBC target from GBp 5,453 to GBp 5,483 and retained a buy rating.

Profit growth outpaces revenue

The first-half figures show a clear operating comparison: organic revenue grew 9.60 percent, while organic comparable EBIT advanced 15.20 percent. The comparable EBIT margin increased by 60 basis points to 12.20 percent, according to the Yahoo Finance transcript of the August 5, 2026, half-year results call.

Volume was another important driver. Organic volume increased 7.50 percent in the first half, and second-quarter volume growth reached 5.80 percent on an underlying basis, extending the company's volume-growth streak to 13 consecutive quarters.

Guidance points to continued growth

Management upgraded its 2026 outlook after the first-half performance. The guidance calls for organic revenue growth of 6.00-7.00 percent and organic EBIT growth of 8.00-10.00 percent, with the revenue target expected at the top end of its range, according to Yahoo Finance.

The outlook also contains a counterweight. Management expects the second half to be less favorable than the first, citing four fewer selling days in the fourth quarter and higher energy-related cost pressure. The company said more than 85.00 percent of key commodity hedging positions were covered for 2026.

Analyst target moves higher

Berenberg's target increase adds a fresh market reference to the operating picture. MarketBeat also reported that Deutsche Bank raised its target from GBp 5,700 to GBp 5,725 on September 16, 2026. The differing target levels show that analysts continue to frame Coca-Cola HBC through both its earnings delivery and the risks attached to the second-half cost outlook.

Market value on September 29

Coca-Cola HBC had a market capitalization of EUR 18.4 billion as of September 29, 2026. Its primary listing is on the London Stock Exchange under ticker CCH, while the company also trades in other European markets.