The Coca-Cola bottling business for the UK and Europe has almost doubled its profits for the past year after it was boosted by the reopening of hospitality and acquisitions.
Coca-Cola Europacific Partners (CCEP) hailed an “extraordinary year” which saw it post a 98.5% rise in profits after tax to 988 million euros (£828.5 million) for 2021, compared with the previous year.
It added that revenues increased by 30% for the year, significantly driven by its acquisition of Australian bottling business Coca-Cola Amatil.
