CCEP - Coca-Cola Europacific Partners: Recovery-Driven Growth And Decent Dividends

• With its territories spanning from Australia to Western Europe, Coca-Cola Europacific Partners is one of the largest independent bottlers in the Coca-Cola System.
• COVID has been a significant drag here. Around 45% of pre-pandemic revenue was ultimately attributable to the away-from-home channel, and its territories administered some of the harshest global COVID restrictions.
• That does leave the company with significant recovery-driven potential, however, with the easing of restrictions offering low-hanging fruit in terms of EPS growth.
• Combined with an okay starting yield, these shares look interesting from a dividend growth perspective.

For further details see: