COCA-COLA EUROPACIFIC PARTNERS plc Dossier
Qualitative Analysis
Business overview
Coca-Cola Europacific Partners plc (CCEP) is one of the world's leading consumer goods companies and the second-largest bottling partner in the global Coca-Cola system by volume, accounting for approximately 9% of total system volume. The company operates as a major bottler and distributor across 31 countries, serving nearly 600 million consumers and over 4 million customers across Western Europe, Australasia, and the Asia-Pacific region (including the Philippines). CCEP's extensive portfolio features some of the world's most recognized non-alcoholic ready-to-drink beverage brands, including Coca-Cola, Fanta, Sprite, Monster Energy, and Dr Pepper. The company is listed on multiple major exchanges, including NASDAQ, Euronext Amsterdam, the London Stock Exchange, and the Spanish Stock Exchanges, and is a constituent of both the NASDAQ 100 and FTSE 100 indices.
Research as of 5 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
CCEP is prioritising zero-sugar beverages, energy, sports and hydration. In H1 2026, zero-sugar innovation volumes increased approximately 10%, sports volumes increased approximately 12%, and energy growth was supported by wider distribution and new products.
Expected impact: Broader participation in faster-growing beverage categories and additional distribution opportunities across CCEP's markets.
CCEP added more than 80,000 coolers in H1 2026, increasing its installed base by approximately 5%, and secured customers including Parkdean Resorts, Papa John's, Domino's Australia and Marriott.
Expected impact: Greater cold-drink availability, improved distribution and a more favourable package and channel mix.
CCEP is expanding in Indonesia and the Philippines through a redesigned route-to-market model, product innovation and additional production capacity. Indonesia returned to sparkling-volume growth in H1 2026, while the Philippines maintained profitable topline momentum.
Expected impact: Higher distribution reach and production capacity in two priority Southeast Asian markets.
CCEP is progressing its S/4HANA deployment, trained 8,000 colleagues through AI and data workshops, introduced the KIRA agentic-AI application for brand insights, and enhanced promotion-evaluation and pricing tools.
Expected impact: Faster market decisions and more sophisticated revenue-and-margin-growth management.
CCEP is combining productivity programmes, discretionary-spend controls and cross-channel promotion tools with a growing Manila shared-service operation that employed more than 250 colleagues by H1 2026.
Expected impact: Further operating-expense leverage and support for management's approximately 7% FY2026 comparable operating-profit-growth objective.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Recent Acquisitions
The acquisition increased CCEP's exposure to the Philippines, which management identifies as a core component of its Southeast Asia growth engine.
Strategic Partnerships
The agreement began in late 2025 and supports CCEP's alcohol ready-to-drink portfolio following the end of Suntory alcohol distribution in Australia.