|Bid||2,019.00 x 0|
|Ask||2,022.00 x 0|
|Day's range||2,011.00 - 2,050.00|
|52-week range||1,403.50 - 2,727.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||16.05|
|Earnings date||11 Aug 2022|
|Forward dividend & yield||0.59 (3.00%)|
|Ex-dividend date||07 Jul 2022|
|1y target est||22.09|
(Reuters) -Coca-Cola HBC AG said on Thursday it took a one-time hit of 190 million euros ($195.4 million) in the first half from costs related to its Russian business after it stopped selling Coke and other Coca-Cola Co products in the country. HBC is one of Coca-Cola's many bottlers worldwide and holds local Coca-Cola franchises to bottle and sell drinks produced by the U.S. beverage giant. Coca-Cola holds a more than 20% stake in HBC.
Coca-Cola Co's bottler Coca Cola HBC AG will on Thursday detail the cost of stopping production and sales of Coke in Russia, a goal that has taken five months to reach as the company used up its existing supplies. Atlanta-based Coca-Cola Co, which relied on Coca Cola HBC to manufacture and distribute its sodas in Russia, said in March it would suspend production in the country. The Swiss-based bottler, in which Coca-Cola has a 20% stake, has since then been using up its remaining stock.
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