Coca-Cola HBC S.A. (ADR) (NYSE:CCH)
CAPS Rating:
Produces, sells and distributes non-alcoholic beverages consisting primarily of products of The Coca-Cola Company.
Produces, sells and distributes non-alcoholic beverages consisting primarily of products of The Coca-Cola Company.
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This is the second largest coca cola bottler. It operates primarily in the rapidly growing markets of eastern europe, where demand for coca cola products is much lower than in the west, and has been growing profits rapidly (>15%) until the last quarter when they were flat. They have a reasonable debt, and I expect will be a safe place to keep money during these turbulent times, at a current PE under 7.