Coca-Cola HBC Ireland Posts €4m Profit In FY2013
Published on Nov 5 2014 12:13 PM in Drinks
Coca-Cola HBC Ireland has posted a pre-tax profit of €4.18 million for 2013, with revenues rising 1% to just over €169 million for the period.
According to accounts just filed, the firm reduced its cost of sales to €103.85 million last year (2012: €111.4 million), while the business also incurred exceptional restructuring costs of €5.14 million.
The performance is an improvement on its full year 2012 figures, when the business posted a pre-tax loss of €3.4 million.
Coca-Cola HBC Ireland is the largest bottler of non-alcoholic beverages in Ireland and Northern Ireland and is part of the larger Coca-Cola Hellenic business.
In this country, the business recently announced a partnership with Dublinbikes, which will see Coca-Cola Zero branded bikes situated across the capital for the next three years.