The Real Thing, as it was once branded by advertisers, continues to win over consumers in Greece, as the country emerges as one of the world’s top holiday destinations.
Coca Cola Tria Epsilon, a subsidiary of the Coca Cola Hellenic Bottling Company (HBC), one of The Coca-Cola Company’s top global anchor bottlers, reported net profits just shy of 44 million euros for 2023, up 65% from 2022. Total revenues for the Greek subsidiary increased by 16.7% reaching 669.4 million euros, up from 573.5 million euros in 2022.
Coca Cola Tria Epsilon has reported a low single-digit increase in sales for the first quarter of 2024, mainly due to higher “out-of-home” revenue. The second quarter is expected to maintain the momentum on the back of expectations of higher tourism revenue.
The boost in sales last year also generated a 60% year-on-year hike in shareholder dividends, which rose to 39.4 million euros in total.
Traditionally active in the soft drinks, juices and bottled water markets, Coca Cola Tria Epsilon also entered the domestic beer market last year, signing an exclusive and long-term agreement with AB InBev (Corona, Stella Artois and Bud) to distribute its products in Greece.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
Yannis Vardinoyannis Assumes Post of Motor Oil Board President
He succeeds his father, Vardis, who passed away last week at the age of 91
PM Mitsotakis to Bloomberg: Our Majority Is Stable, Elections To Be Held in 2027
"The government has a solid 2.5-year mandate from the people to implement its policies," Mitsotakis stated
![ΗΠΑ: Στρατηγικό σχέδιο για τριπλασιασμό της παραγωγής πυρηνικής ενέργειας έως το 2050 [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/05/nuclear-power-4021418_1280-90x90.jpg)
![Τουρισμός: Πάνω από 5 εκατ. αφίξεις σε καταλύματα τον Σεπτέμβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2021/10/katalymata-90x90.jpg)
![Τουρισμός: Πάνω από 5 εκατ. αφίξεις σε καταλύματα τον Σεπτέμβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2021/10/katalymata-600x400.jpg)
