Coca-Cola HBC trades close to highs ahead of H1 earnings after Egypt data
Coca-Cola HBC AG finished Tuesday trading near its 12-month high, but the focus for investors turned to Egypt. Egypt now makes up 11% of group volume, ranking as CCH’s third-biggest market by volume, and it outpaced group growth in Q1. Coca-Cola HBC was quoted at 5,070p to sell and 5,075p to buy, up 25p or 0.5%, according to AJ Bell data. That puts the midpoint about 2.4% under the year’s 5,195p high, and around 55% over the 3,270p low. Volume was 1.43 million shares. Market cap stood at £18.41 billion.