Coca-Cola Europacific exceeds €20 billion in revenue

Coca-Cola bottler Europacific Partners, chaired by Sol Daurella, obtained a net profit of 1,444 million euros in 2024, which represents a decrease of 13.5% compared to the previous year, the multinational reported to the National Securities Market Commission (CNMV) on Friday. This decrease occurs despite the fact that it obtained revenues of 20,438 million euros, 11.4% more, but the drop in profits is mainly due to high restructuring costs (264 million) and amortization of some of its equipment.

With these results, the company chaired by the Catalan Sol Daurella has broken its sales ceiling of 20 billion euros. The company is the result of Daurella's initiative to promote mergers between bottlers of the popular American drink. Daurella thus made Cobega, the Coca-Cola bottler in Catalonia, the head of the merger of Spanish bottlers (Iberian Partners). Over time, it made the leap to Europe (Coca-Cola European Partners) and ended up reaching the Pacific (Europacific Partners). Since last year it has been the largest Coca-Cola bottler in the world, ahead of the Mexican Femsa.

In 2024, Europacific had more than 42,000 employees worldwide. Of these, 3,800 were in Spain, of which 800 were in Catalonia. The headquarters of the family-owned Cobega company are in Barcelona, ​​​​while the Europacific headquarters are in London. With the death of Isak Andic last December, Sol Daurella is the largest fortune in Catalonia.

Historic dividend

Coca-Cola Europacific Partners announced on Friday that it intends to return up to 1 billion euros to shareholders through a coordinated share buyback programme on the Nasdaq and other US trading venues, as well as the London Stock Exchange.

The company also highlighted that it plans to distribute a dividend of 1.97 euros per share to its shareholders, which is once again a record figure, and a growth of 7.1% compared to 2023, when it was 1.84 euros per share. The CEO of Coca-Cola Europacific Partners, Damian Gammell, assured that the company is well "positioned" for the 2025 financial year, while indicating that the firm has the "right" strategy to achieve its medium-term growth objectives.