Coca-Cola Europacific Partners earns 988 million in 2021, almost double that of a year earlier




Coca-Cola Europacific Partners obtained a net profit of 988 million euros in 2021which represents an increase of 98.5% compared to a year earlier, as reported by the company this Wednesday to the National Securities Market Commission (CNMV).

In comparable terms, the company's net profit increased by 58.5% in 2021, to 1,302 million euros, while accounting revenues and in comparable terms amounted to 13,763 million euros, 30% more than in 2020.

The accounting operating profit for 2021 was 1,516 million euros, 86.5% more, while in comparable terms it stood at 1,772 million euros, 48.5% higher.

"2021 was an extraordinary year for Coca-Cola Europacific Partners. We are a stronger and more diverse business, based on great people, great service and great drinks, made in a sustainable way," said the company's CEO, Damian Gammell. , who has highlighted that the "solid" recovery of income, expansion of the operating margin and the "remarkable" generation of free cash flow demonstrates the "solid performance" of the firm in a challenging environment.

"Our results also reflect the successful acquisition and integration of Coca-Cola Amatil, as we look forward to an even brighter future together."

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