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Coca-Cola HBC (CCH.L)

Consumer Defensive Balanced

Coca-Cola HBC is a major bottling partner that manufactures, sells, and distributes Coca-Cola and other drinks across 29 countries.

£50.10

Is Coca-Cola HBC a good stock for a UK beginner?

The honest version: Coca-Cola HBC is a major bottling partner that manufactures, sells, and distributes Coca-Cola and other drinks across 29 countries.

No rating · no target price · nothing for sale here
Price+76.4%
52-week range+24% past year
£50.10
Low £32.70High £51.95
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into Coca-Cola HBC
£1,764+76%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£18.26B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
628.17K
Day range: The lowest and highest price the shares traded at during the latest day.
£49.82 – £50.90
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£32.70 – £51.95
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
22.8
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
2.1%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.54
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.54
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +0% past week · ▲ +24% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Diversification into healthier drink categories pays off

The bear case

Long-term shift in consumer health preferences away from sugary drinks

What does Coca-Cola HBC do?

Think of Coca-Cola HBC as the engine room that gets your favourite fizzy drinks from the factory to the shop shelf across Europe and Africa. Profits are built from buying raw ingredients and packaging, turning them into finished drinks, and handling the complex logistics of getting them to retailers. Much depends on how tightly they control input costs like sugar and aluminium while keeping customers happy with their broad drinks range.

VQGMI
Factor profile

On our factor screen it looks strongest on momentum and income, and weakest on value.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 30Quality: How profitable and financially healthy the company is (higher = stronger). 52Growth: How fast revenue and earnings are growing (higher = faster). 55Momentum: How the share price has been trending recently (higher = stronger recent run). 78Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 58
Quick checks
What's strong
  • Momentum screens high (78/100)
  • Strong brand recognition through the Coca-Cola partnership
  • Wide geographic reach across 29 countries
  • Relatively low volatility compared to the broader market
What to watch
  • Value screens low (30/100)
  • Increasing government taxes on sugary drinks
  • Supply chain disruptions affecting distribution
  • Fluctuations in foreign currency exchange rates across their many markets

What do Coca-Cola HBC's numbers mean?

P/E
21.9
This shows how much you are paying for every pound of the company's annual profit; a higher number suggests investors are willing to pay more for future growth.
Gross margin
36.8%
This is the percentage of sales left over after paying for the direct costs of making the drinks, showing how efficiently they produce their goods.
Return on equity
26.0%
This measures how effectively the company uses the money invested by shareholders to generate profit, with a higher percentage generally being a good sign.
Beta
0.5
This indicates the share price is typically half as volatile as the wider stock market, suggesting it may be a steadier ride than many other companies.

Does Coca-Cola HBC pay a dividend?

Yes - Coca-Cola HBC currently pays a dividend of about 2.1% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

More in Consumer Defensive

Altria GroupMcCormick & Company, IncorporatedThe Coca-Cola CompanyKenvue Inc.Philip Morris International Inc.Monster Beverage CorporationTarget CorporationPepsiCo, Inc.
Appears in
Everyday-essentials shares, explained

What are the scenarios for Coca-Cola HBC?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£57£50£33today · £50▲ Bull · £54• Base · £50▼ Bear · £46in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Strong summer sales boost volume
Base
-2% to +2%Steady demand matches expectations
Bear
-5% to -10%Unexpected rise in raw material costs

What are the pros and cons of Coca-Cola HBC?

4bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case4
  • Strong brand recognition through the Coca-Cola partnership
  • Wide geographic reach across 29 countries
  • Relatively low volatility compared to the broader market
  • Solid track record of generating returns on shareholder capital
The catch3
  • High sensitivity to the cost of raw materials like sugar and aluminium
  • Limited control over the global brand strategy
  • Significant reliance on consumer spending power in diverse economies
Key risks3
  • Increasing government taxes on sugary drinks
  • Supply chain disruptions affecting distribution
  • Fluctuations in foreign currency exchange rates across their many markets
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.