Feb 11 • 04:40 UTC 🇬🇷 Greece Naftemporiki

Stock Market: Coca Cola HBC's capitalization reaches 19 billion euros

Coca Cola HBC's market capitalization has reached 19 billion euros as it hits a new historic high with shares exceeding 50 euros.

Coca Cola HBC has achieved a market capitalization of 19 billion euros, marking a new historic high with share prices rising above 50 euros. This remarkable milestone is driven by the company's strong financial performance projections for 2025, promising prospects for the ongoing fiscal year, and an increased dividend of 1.20 euros per share, which serve as key catalysts for this upward movement in share value.

Additionally, the company's recent deal in Africa is expected to inject renewed dynamism into its operations, a factor that analysts believe will further enhance its market position, even though there are some valid concerns raised by a segment of analysts regarding the sustainability and implications of such expansion. As the market reacts positively, Coca Cola HBC's strategic decisions seem aimed at solidifying its status as a formidable player in the global beverage sector.

It is noteworthy that the article emphasizes that the information provided is based on journalistic research and should not be interpreted as an encouragement to buy, sell, or hold any shares. Such disclaimers highlight the necessity for investors to perform their own due diligence and consider market dynamics before making financial decisions.

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