0842 GMT - Coca-Cola HBC's update shows it is executing well despite a distorting effect from the timing of this year's Easter holiday, Goodbody analyst Fintan Ryan says in a note. The bottler seems well placed to continue delivering strong top-line and earnings growth despite the current macroeconomic backdrop due to the breadth of its markets and currency exchange, Ryan says. Shares have significantly outperformed peers over the year to date, helped by the prospect of a ceasefire between Ukraine and Russia, he says. "With headline guidance unchanged... and consensus already at the top-end, we don't anticipate much change to estimates today," he says. Shares are up 3.1% at 3,872 pence. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
April 30, 2025 04:42 ET (08:42 GMT)
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