Coca-Cola Hellenic Bottling Company CCH announced the second quarter 2010 results.
Highlights:
· Free cash flow of €186 million for the second quarter of 2010, an increase of €73 million compared to the prior year period.
· Volume of 578 million unit cases, 2% below the second quarter of 2009. Net sales revenue of €1,923 million, 2% above the prior year period.
· On a comparable basis, operating profit (EBIT) of €264 million, 2% below the prior year period.
· On a comparable basis, net profit of €172 million, 11% below the prior year period, and earnings per share of €0.47, 11% below the prior year period. The second quarter of 2010 includes a tax charge of €21 million (€0.06 per share) related to the ‘Extraordinary Social Contribution Tax’ in Greece.
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