Coca-Cola Enterprises, Inc. (NYSE:CCE)
CAPS Rating:
The Company is the marketer, producer and distributor of bottle and can nonalcoholic beverages.
The Company is the marketer, producer and distributor of bottle and can nonalcoholic beverages.
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Everyone talks about The Coca-Cola Company, but what about Coca-Cola Enterprises? The bottling operation is just as important as is the concentrate/advertising arm of Coca-Cola..
The merger with TCCC and Enterprises resulted in a 5 year agreement that concentrate prices track revenue/case, so for the next 5 years there is not too much risk of expenditures getting out of hand. Revenue should increase as Coca-Cola volume keeps on increasing. Fundamentals are good and the stock is relatively cheap. Good buy.