Coca-Cola Europacific Partners PLC (CCEP): history, ownership, mission, how it works & makes money

A Brief History of Coca-Cola Europacific Partners PLC (CCEP)

Formation and Early Years

Coca-Cola Europacific Partners PLC (CCEP) was formed in 2021 as a result of the merger between Coca-Cola European Partners and Coca-Cola Amatil. The merger created one of the world’s largest Coca-Cola bottlers. The newly formed entity operates in various regions, expanding its reach and market presence significantly.

Key Financial Figures

As of 2022, CCEP reported a revenue of €13.8 billion, demonstrating robust growth and an expansive operational footprint across Europe and the Asia-Pacific region.

Geographical Presence

• Countries of Operation: 13
• Regions: Western Europe, Central Europe, Asia-Pacific
• Major Markets: UK, France, Germany, Spain, Australia

Strategic Acquisitions

CCEP has engaged in strategic acquisitions to bolster its market position, including the purchase of Coca-Cola Amatil, which allowed for greater penetration into the Asia-Pacific market.

Sustainability Initiatives

CCEP has committed to achieving net-zero carbon emissions in its value chain by 2040. In 2022, the company invested €47 million in sustainability initiatives.

Product Portfolio

Dividend Policy

In 2022, CCEP declared a dividend of €0.84 per share, reflecting a commitment to delivering shareholder value. The company has a progressive dividend policy, aiming to increase dividends annually.

Market Performance

CCEP's stock performance has shown significant resilience, and as of the end of 2022, the share price stood at €52.30, marking a 15% increase year-over-year.

Future Outlook

The company aims to achieve a compound annual growth rate (CAGR) of 5% or more across its key markets up to 2025, focusing on expanding its portfolio and sustaining operational efficiency.

A Who Owns Coca-Cola Europacific Partners PLC (CCEP)

Ownership Structure

The ownership of Coca-Cola Europacific Partners PLC (CCEP) can be characterized by a diversified structure with various stakeholders including institutional investors, individual shareholders, and corporate entities.

Major Shareholders

As of the latest data available in October 2023, the major shareholders of CCEP are as follows:

Shareholder Composition

The table below illustrates the overall composition of CCEP shareholders, categorizing them into distinct groups:

Market Capitalization

The market capitalization of CCEP, as of October 2023, is approximately £17 billion. The share price fluctuates, currently priced at around £35.

Recent Financial Performance

• Revenue (2022): £12 billion
• Net Income (2022): £1.5 billion
• Operating Profit Margin: 12.5%
• Dividend Yield: 3.2%

Geographic Ownership Spread

CCEP operates in multiple countries, with ownership and operations spread over diverse markets. The following table summarizes the geographic ownership distribution:

Implications for Future Ownership Changes

Changes in ownership structure are influenced by mergers, acquisitions, and market performance. CCEP remains a target for potential investment due to its strong market position and growth prospects in the beverage sector.

Coca-Cola Europacific Partners PLC (CCEP) Mission Statement

Overview of CCEP’s Mission Statement

The mission statement of Coca-Cola Europacific Partners PLC (CCEP) emphasizes a commitment to delivering sustainable growth through innovation and a focus on customer and consumer needs. The core values pivot around quality, integrity, and respect for people and the planet.

Key Components of the Mission Statement

• To provide refreshing beverages that enhance the consumer's experience.
• To promote sustainability in every aspect of business operations.
• To foster a culture that respects and values diversity.

Financial Overview

As of the most recent financial disclosures, CCEP reported impressive financial metrics that illustrate the effectiveness of its mission.

Sustainability Goals

CCEP's mission includes specific targets related to sustainability, focusing on reducing environmental impact and promoting health and wellness.

• Carbon Emissions Reduction: Targeting a 30% reduction by 2030.
• Water Usage Efficiency: Improving efficiency by 20% by 2025.
• Recycling Initiatives: Aiming for 100% of packaging to be recyclable by 2025.

Market Position and Reach

As the largest bottler of Coca-Cola products in Western Europe, CCEP operates in multiple countries, enhancing its market reach.

Commitment to Innovation

Innovation is a core element of the CCEP mission, focusing on product diversity and consumer preferences.

• Investment in new product development: €100 million annually.
• Introduction of health-focused beverages: Over 50 new products launched in 2022.
• Digital transformation in marketing and distribution: Budget of €50 million for digital initiatives.

Employee Engagement

CCEP’s mission statement highlights the importance of cultivating a supportive work environment.

How Coca-Cola Europacific Partners PLC (CCEP) Works

Corporate Overview

Coca-Cola Europacific Partners PLC (CCEP) is one of the largest Coca-Cola bottlers globally, responsible for the production, distribution, and marketing of Coca-Cola products. As of 2023, CCEP operates across multiple countries, including Great Britain, Ireland, Belgium, the Netherlands, France, and parts of Germany. CCEP's operational revenue for the year 2022 was approximately €14.5 billion.

Financial Performance

In the fiscal year 2022, CCEP reported a net income of €1.1 billion, showing a growth of 20% compared to the previous year. The company had an operating profit of €1.4 billion, representing an operating margin of 9.7%. The company's total assets as of the end of 2022 were valued at €7.5 billion.

Market Segmentation

CCEP categorizes its products into several market segments:

• Sparkling Drinks
• Still and Water Products
• Juices and Plant-based Drinks
• Energy Drinks
• Non-Carbonated Soft Drinks

Production Facilities

As of 2023, CCEP operates 49 manufacturing sites. Below is a table summarizing the distribution of production facilities:

Sales and Distribution

CCEP employs a multi-channel distribution strategy, which includes:

• Direct Store Delivery (DSD)
• Wholesale Distribution
• E-commerce Platforms
• Food Service and On-Premise Accounts

In 2022, CCEP achieved a total sales volume of 3.1 billion unit cases, with sparkling drinks accounting for 69% of total volume.

Sustainability Initiatives

CCEP has committed to sustainability, targeting a 30% reduction in carbon emissions by 2030. The company has implemented multiple initiatives, including:

• Recycling programs
• Energy-efficient production processes
• Sourcing ingredients sustainably

Employee Statistics

As of 2023, CCEP employs approximately 24,000 people across its operational territories. The company invests over €50 million annually in employee training and development programs.

Recent Innovations

CCEP has recently launched several new products in response to changing consumer preferences:

• Coca-Cola Zero Sugar with Natural Flavors
• Plant-based beverages under the newly acquired brand
• New Energy drink variants

Shareholder Information

CCEP is publicly traded on both the London Stock Exchange (LSE: CCE) and Euronext Amsterdam. As of the last quarter of 2023, the share price stood at approximately €52.75, with a market capitalization of around €21 billion.

Recent Acquisitions

In 2023, CCEP acquired a regional bottling company in Germany for €200 million, expanding its market reach in the DACH region.

Conclusion

The strategic framework of CCEP relies heavily on innovation, sustainability, and market expansion, continuously adapting to the evolving beverage landscape and consumer preferences.

How Coca-Cola Europacific Partners PLC (CCEP) Makes Money

Revenue Streams

Coca-Cola Europacific Partners PLC (CCEP) generates revenue primarily through the sale of non-alcoholic beverages. These beverages are sold under various brand names as part of the Coca-Cola Company portfolio and other local brands.

Sales Breakdown

The breakdown of sales by product category for the fiscal year 2022 is as follows:

Geographic Markets

The company operates across multiple geographic markets, which contribute distinctively to its revenue:

Operating Income and Profit Margins

For the fiscal year ended 2022, CCEP reported the following financial metrics:

Cost Structure

The cost structure of CCEP involves several key components which affect profitability:

• Cost of Goods Sold (COGS): €8,200 million
• Operating Expenses: €2,700 million
• Marketing and Advertising: €900 million

Distribution Channels

CCEP utilizes multiple distribution channels to maximize reach:

• Direct Store Delivery (DSD)
• Warehouse Delivery
• eCommerce Sales

Market Trends and Growth Opportunities

The company is adapting to market trends which include:

• Increasing demand for low-sugar beverages
• Growth in the functional beverages sector
• Expansion into eCommerce and online sales

Recent Financial Performance

As of the latest report for Q3 2023, CCEP reported: