Coca-Cola Enterprises (NYSE: CCE)(Euronext Paris: CCE) will discuss its
plans and outlook with investors today at the Barclays Back-to-School
Consumer Conference in Boston at 2:15 p.m. ET. The public can access the
presentation through our website, www.cokecce.com.
In the presentation, CCE will provide 2014 full-year guidance, including
earnings per diluted share growth of approximately 10 percent. Both net
sales and operating income growth are now expected at the lower end of
their previously disclosed ranges of low and mid-single-digit growth.
This guidance is comparable and currency neutral. Based on recent rates,
currency translation would benefit full-year 2014 earnings per diluted
share by just under 4 percent.
“Our focus remains on our primary objective – delivering shareowner
value,” said Mr. Brock. “While growth in the current environment remains
challenging, we are focused on delivering outstanding marketplace
execution as we manage each of the levers of our business to drive cash
flow and shareowner value.”
ABOUT CCE
Coca-Cola Enterprises, Inc. (CCE) is the leading Western European
marketer, producer, and distributor of non-alcoholic ready-to-drink
beverages and one of the world’s largest independent Coca-Cola bottlers.
CCE is the sole licensed bottler for products of The Coca-Cola Company
in Belgium, continental France, Great Britain, Luxembourg, Monaco, the
Netherlands, Norway, and Sweden. We operate with a local focus and have
17 manufacturing sites across Europe, where we manufacture nearly 90
percent of our products in the markets in which they are consumed.
Corporate responsibility and sustainability is core to our business, and
we have been recognized by leading organizations in North America and
Europe for our progress in water use reduction, carbon footprint
reduction, and recycling initiatives. For more information about our
company, please visit our website at www.cokecce.com
and follow us on twitter at @cokecce.
FORWARD-LOOKING STATEMENTS
Included in this news release are forward-looking management comments
and other statements that reflect management’s current outlook for
future periods. As always, these expectations are based on currently
available competitive, financial, and economic data along with our
current operating plans and are subject to risks and uncertainties that
could cause actual results to differ materially from the results
contemplated by the forward-looking statements. The forward-looking
statements in this news release should be read in conjunction with the
risks and uncertainties discussed in our filings with the Securities and
Exchange Commission (“SEC”), including our most recent Form 10-K
and other SEC filings.
Copyright Business Wire 2014