Coca-Cola Europacific Partners PLC filed a Form 6-K on 3 November 2026 reporting its trading update for the third quarter ended 2 October 2026, including an interim dividend declaration and reaffirmed full-year guidance.
Key Highlights
- Q3 2026 group revenue: €5,764m, up 6.5% on a reported basis and 5.8% on a foreign-exchange-neutral (FXN) basis versus Q3 2025.
- Year-to-date (YTD) revenue: €16,488m, up 5.1% reported and 6.0% FXN.
- Q3 volume growth: 3.5% on a days-adjusted basis; Europe +2.3%, APS +6.3%.
- Interim dividend: €1.42 per share, payable 3 December 2026 to shareholders of record on 20 November 2026, bringing the full-year dividend to €2.24 per share.
- Share buyback: Approximately €880m of the €1bn full-year programme complete as at 30 October 2026.
- Full-year guidance reaffirmed: Revenue growth of 3% to 4%, operating profit growth of approximately 7%, and comparable free cash flow of at least €1.7bn, all on a comparable FX-neutral basis.
- Commodities hedging: More than 95% hedged for FY26 according to the filing.
CCEP's Third-Quarter 2026 Revenue and Segment Performance
According to the filing, CCEP's European segment generated Q3 revenue of €4,436m, a reported increase of 5.8% and FXN increase of 5.2% versus the prior year. Within Europe, Great Britain led reported growth at 9.3% (8.0% FXN), followed by Iberia at 5.8%, France/Benelux/Netherlands (FBN) at 5.7%, and Germany at 1.9%. The filing noted a "temporary customer disruption in September" as contributing to Germany's low single-digit volume decline in Q3. The APS segment reported Q3 revenue of €1,328m, up 9.2% reported and 7.8% FXN, with Southeast Asia rising 8.8% FXN and Australia/Pacific up 7.2% FXN.
The filing attributed Q3 group volume growth to Coca-Cola Zero Sugar, energy drinks (including Monster), and hydration brands across both regions. Q3 revenue per unit case rose 2.2% for the group, reflecting what the filing described as "promotional optimisation, positive pack mix and headline pricing." For the YTD period, group volume grew 2.7% on a days-adjusted basis, with the filing noting that the reported YTD volume figure includes six additional consumption days in Q1 2026 compared to Q1 2025.
On guidance, the filing stated that FY26 outlook is "unchanged" and includes cost of sales per unit case growth of approximately 1.5%, a comparable effective tax rate of approximately 26%, and capital expenditure of approximately 5% of revenue including leases. The filing also disclosed that, based on current spot rates, foreign exchange represents a full-year headwind of approximately 10 basis points to revenue and a tailwind of approximately 30 basis points to operating profit. The second-half interim dividend of €1.42 per share, together with the first-half dividend, results in a full-year dividend of €2.24 per share, described as maintaining an annualised total dividend payout ratio of approximately 50%.
What Was Disclosed
CCEP filed a Form 6-K on NASDAQ:CCEP covering its Q3 2026 trading update for the period ended 2 October 2026. The filing disclosed quarterly and year-to-date revenue by segment, volume and revenue-per-unit-case growth rates, an interim dividend of €1.42 per share, share buyback progress, and reaffirmed full-year financial guidance.



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