“Volumes in Romania declined by low single digits, amid a consumer climate that remains challenging,” the report says.
The carbonated beverage segment declined by low single digits, while the non-carbonated beverage segment grew at the same rate, on a weak comparison basis. Energy drinks posted strong, double-digit growth, driven primarily by Monster. Coffee volumes also grew by double digits (over 10%), with Costa Coffee leading the out-of-home segment, according to the same source.
Romania is part of the group’s emerging markets segment, alongside Nigeria, Egypt, Ukraine, Serbia, and Russia. Revenue for this segment stood at EUR1.62 billion in the third quarter, up 10.5% (up 9.8% on an organic basis). Volumes reached over 3 billion liters (538.8 million unit cases), up 5.8%.
Coca-Cola HBC Group posted third-quarter revenue of EUR3.5 billion, up 9.6% (up 9% on an organic basis). Nine months into the year, revenue reached EUR9.73 billion, an increase of 10.4%.
Coca-Cola HBC operates in 29 countries and has more than 33,500 employees.
(English version by Loredana Fratila-Cristescu)