2024-04-27 01:51:02 ET
Coca-Cola Europacific Partners PLC (CCEP)
Q1 2024 Earnings Conference Call
April 25, 2024 7:00 am ET
Corporate Participants
Sarah Willett - Vice President of Investor Relations & Corporate Strategy
Damian Gammell - Chief Executive Officer
Nik Jhangiani - Chief Financial Officer
Conference Call Participants
Matthew Ford - BNP Paribas Exane
Simon Hales - Citi
Lauren Lieberman - Barclays
Edward Mundy - Jefferies
Bonnie Herzog - Goldman Sachs
Mitch Collett - Deutsche Bank
Eric Serotta - Morgan Stanley
Sanjeet Aujla - UBS
Bryan Spillane - Bank of America
Robert Ottenstein - Evercore
Richard Withagen - Kepler Cheuvreux
Philip Spain - JPMorgan
Charlie Higgs - Redburn Atlantic
Presentation
Operator
Hello, and thank you for standing by, and welcome to today's Coca-Cola Europacific Partners Q1 Trading Update Conference Call. [Operator Instructions] I must advice you this conference call is being recorded today.
I'd now like to hand the conference over to Vice President of Investor Relations and Corporate Strategy, Sarah Willett. Please go ahead, Sarah.
Sarah Willett
Hello. Thank you all for joining us today. I'm here with Damian Gammell, our CEO, and Nik Jhangiani, our CFO.
Before we begin with our opening remarks and our first quarter trading update, a reminder of our cautionary statements. This call will contain forward-looking management comments and other statements reflecting our outlook. These comments should be considered in conjunction with the cautionary language contained in today's release, as well as the detailed cautionary statements found in reports filed with the U.K., U.S., Dutch, and Spanish authorities. A copy of this information is available on our website at www.cocacolaep.com.
Prepared remarks will be made by Damian. We will then turn the call over to your questions. Unless otherwise stated, metrics presented today will be on a comparable and FX neutral basis throughout. They will also be presented on an adjusted comparable basis reflecting the results of CCEP and our Australia, Pacific and Southeast Asia business unit, APS, as if the Coca-Cola Philippines transaction had occurred at the beginning of this year rather than in February when the acquisition completed. Following the call, a full transcript will be made available as soon as possible on our website.
I will now turn the call over to our CEO, Damian.
Damian Gammell
Thank you, Sarah. A big thank you to everybody for joining us today.
So to our first quarter. I'm pleased with how the year started, reflecting our great brands and great in-market execution, all supported by our great people at CCEP. I'd like to, therefore, start by thanking everyone at CCEP for their continued hard work and commitment to our business, also our customers and our brand partners who support CCEP....
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Coca-Cola Europacific Partners PLC (CCEP) Q1 2024 Earnings Call Transcript