CCHBF - Coca-Cola HBC: Cheap At Less Than 7 Times Ebitda
2024-04-07 10:40:00 ET
Summary
- Coca-Cola HBC reports strong financial results for 2023, with increased revenue and operating profit.
- The company expects healthy growth in 2024, with a projected increase in EBIT and organic growth.
- Coca-Cola HBC stock is considered relatively cheap, trading at just 13 times earnings, and offers potential for future growth.
Introduction
As explained in my previous article , Coca-Cola HBC ( OTCPK:CCHGY ) is a strategic bottling partner of the Coca-Cola Company ( KO ) with the exclusive rights to produce and sell Coca-Cola products in a certain geographic region. The company has always had a strong focus on Eastern Europe and Russia, and those still are the more important countries in its country portfolio....
Coca-Cola HBC: Cheap At Less Than 7 Times Ebitda