Coca-Cola European Partners plc (CCEP) (ticker symbol: CCE) will
present tomorrow, 8 September, at the Barclays Global Consumer
Staples Conference in Boston. The presentation will begin at 2:45
p.m. BST, 3:45 p.m. CEST, and 9:45 a.m. EDT. Chief Executive
Officer John F. Brock, Chief Operating Officer Damian Gammell, and
Chief Financial Officer Nik Jhangiani will deliver the remarks.
The public can access this presentation through the company’s
website, www.ccep.com.
In the presentation, CCEP will affirm its guidance for full-year
2016 diluted earnings per share growth in a mid-teen range, on a
comparable and currency-neutral basis, while noting a modest
softening in business trends. Based on recent rates, currency
translation would negatively impact full-year 2016 diluted earnings
per share by approximately €0.07. The company said it plans to
provide a more detailed update on 22 September, when it will
release first-half 2016 earnings results.
In addition, as previously disclosed, CCEP will provide an
update on the impact of purchase price accounting adjustments to
the pro forma 2015 financials. The comparable and currency-neutral
diluted earnings per share growth outlook would be based on these
adjusted numbers and as previously noted is benefitting from
differences in interest and tax rates between comparable 2015
figures and the 2016 outlook.
FIRST-HALF 2016 EARNINGS RELEASE
CCEP will release its first-half 2016 earnings Thursday, 22
September 2016. A conference call discussing these results will be
webcast live through the company’s website, www.ccep.com, at 3:00
p.m. BST, 4:00 p.m. CEST, and 10:00 a.m. EDT. A replay of the
presentation will be available later that day.
A copy of the company’s news release will be available through
the website on the home page and under the Investors section.
INVESTOR AND ANALYST MEETING
In addition, CCEP will host an event with investors and analysts
in Barcelona on Tuesday, 27 September 2016. The live presentations
will be webcast through the company’s website, www.ccep.com, and
copies of the presentations will be posted on the site as well. The
webcast will begin at 3:00 p.m. CEST, 2:00 p.m. BST, and 9:00 a.m.
EDT.
ABOUT CCEP
Coca-Cola European Partners plc (CCEP) is a leading consumer
packaged goods company in Europe, producing, distributing and
marketing an extensive range of nonalcoholic ready-to-drink
beverages and is the world’s largest independent Coca-Cola bottler
based on net sales. Coca-Cola European Partners serves a consumer
population of over 300 million across Western Europe, including
Andorra, Belgium, continental France, Germany, Great Britain,
Iceland, Luxembourg, Monaco, the Netherlands, Norway, Portugal,
Spain, and Sweden. The company is listed on Euronext Amsterdam, the
New York Stock Exchange, Euronext London, and on the Spanish stock
exchanges, and trades under the symbol CCE. For more information
about CCEP, please visit www.ccep.com and follow CCEP on Twitter at
@CocaColaEP.
FORWARD-LOOKING STATEMENTS
This communication may contain statements, estimates or
projections that constitute “forward-looking statements”.
Generally, the words “believe,” “expect,” “intend,” “estimate,”
“anticipate,” “project,” “plan,” “seek,” “may,” “could,” “would,”
“should,” “might,” “will,” “forecast,” “outlook,” “guidance,”
“possible,” “potential,” “predict” and similar expressions identify
forward-looking statements, which generally are not historical in
nature. Forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from Coca-Cola European Partners plc’s (“CCEP”) historical
experience and its present expectations or projections. These risks
include, but are not limited to, obesity concerns; water scarcity
and poor quality; evolving consumer preferences; increased
competition and capabilities in the marketplace; product safety and
quality concerns; perceived negative health consequences of certain
ingredients, such as non-nutritive sweeteners and
biotechnology-derived substances, and of other substances present
in their beverage products or packaging materials; increased demand
for food products and decreased agricultural productivity; changes
in the retail landscape or the loss of key retail or foodservice
customers; an inability to expand operations in emerging or
developing markets; fluctuations in foreign currency exchange
rates; interest rate increases; an inability to maintain good
relationships with their partners; a deterioration in their
partners’ financial condition; increases in income tax rates,
changes in income tax laws or unfavorable resolution of tax
matters; increased or new indirect taxes in the United States or in
other tax jurisdictions; increased cost, disruption of supply or
shortage of energy or fuels; increased cost, disruption of supply
or shortage of ingredients, other raw materials or packaging
materials; changes in laws and regulations relating to beverage
containers and packaging; significant additional labeling or
warning requirements or limitations on the availability of their
respective products; an inability to protect their respective
information systems against service interruption, misappropriation
of data or breaches of security; unfavorable general economic or
political conditions in the United States, Europe or elsewhere;
litigation or legal proceedings; adverse weather conditions;
climate change; damage to their respective brand images and
corporate reputation from negative publicity, even if unwarranted,
related to product safety or quality, human and workplace rights,
obesity or other issues; changes in, or failure to comply with, the
laws and regulations applicable to their respective products or
business operations; changes in accounting standards; an inability
to achieve their respective overall long-term growth objectives;
deterioration of global credit market conditions; default by or
failure of one or more of their respective counterparty financial
institutions; an inability to timely implement their previously
announced actions to reinvigorate growth, or to realize the
economic benefits they anticipate from these actions; failure to
realize a significant portion of the anticipated benefits of their
respective strategic relationships, including (without limitation)
The Coca-Cola Company’s relationship with Keurig Green Mountain,
Inc. and Monster Beverage Corporation; an inability to renew
collective bargaining agreements on satisfactory terms, or they or
their respective partners experience strikes, work stoppages or
labor unrest; future impairment charges; multi-employer plan
withdrawal liabilities in the future; an inability to successfully
manage the possible negative consequences of their respective
productivity initiatives; global or regional catastrophic events;
and other risks discussed in the CCEP prospectus approved by the UK
Listing Authority and published on 25 May 2016 and the registration
statement on Form F-4, file number 333-208556, that includes a
proxy statement of Coca-Cola Enterprises, Inc. and a prospectus of
CCEP, which was filed with the SEC by CCEP. You should not place
undue reliance on forward-looking statements, which speak only as
of the date they are made. CCEP does not undertake any obligation
to publicly update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise. CCEP assumes no responsibility for the accuracy and
completeness of any forward-looking statements. Any or all of the
forward-looking statements contained in this filing and in any
other of their respective public statements may prove to be
incorrect.
This communication is not intended to form the basis of any
investment activity or decision and does not constitute, may not be
construed as, or form part of, an offer to sell or issue, or a
solicitation of an offer or invitation to purchase or subscribe
for, any securities or other interests in CCEP or any other
investments of any description, a recommendation regarding the
issue or the provision of investment advice by any party. No
information set out in this communication or referred to herein is
intended to form the basis of any contract of sale, investment
decision or any decision to purchase securities in CCEP. No
reliance may be placed for any purposes whatsoever on this
communication (including, without limitation, any illustrative
modelling information contained herein), or its completeness.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160907006007/en/
Coca-Cola European Partners plcInvestor Relations:Thor
Erickson, +1-678-260-3110orMedia Relations:Ros Hunt, +44 (0) 7528
251 022
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