Coca-Cola Europacific Partners Q1 2026 Trading Update and Interim Dividend Declaration

Coca-Cola Europacific Partners (CCEP) reported strong Q1 2026 financial results with reported revenue growth of 6.7% to €5.001 billion and foreign-exchange-neutral revenue growth of 9.4%. The company achieved comparable volume growth of 1.6%, with Europe up 1.4% and Asia-Pacific (APS) up 1.9%. Revenue per unit case increased 0.8%, driven by positive mix and pricing actions. The company declared a first-half interim dividend of €0.82 per share, representing approximately 40% of the FY25 dividend, while reaffirming FY26 guidance for an annualized total dividend payout ratio of approximately 50%. Key performance highlights include strong growth in energy drinks (+21.3%), continued momentum in Coca-Cola Zero Sugar (+10%), and solid execution across both European and APS markets despite some headwinds from the Suntory alcohol exit and French sugar tax impacts.