BUZZ-Coca-Cola Europacific Partners jumps to an all-time high after quarterly results

U.S.-listed shares of Coca-Cola Europacific Partners CCEP.O up as much as 3.5% at a record high of $85.57

The U.K.-based bottling company for Coca-Cola KO.N reported a rise in fourth-quarter sales on strong beverage demand in Australia, Pacific and Southeast Asia markets, and higher prices

CCEP reports its fourth-quarter adjusted comparable revenue rise of 5% to 5.25 billion euros ($5.51 billion)

Company sees annual adjusted comparable revenue growth of about 4%, vs. a 3.5% rise last year, and annual adjusted comparable operating profit to grow ~7%, compared to 8% growth in 2024

Company also plans a share buyback shares worth 1 billion euros ($1.05 billion) over the next 12 months

CCEP rose 15% in 2024

($1 = 0.9528 euros)