Coca-Cola Europacific Partners (CCEP) earned €1.979 billion last year, a 37% increase over the previous year, according to results submitted to the Spanish National Securities Market Commission (CNMV). At the same time, it announced a €1 billion share buyback program. The group, chaired by Sol Daurella, specified that, on a like-for-like basis, profit increased by 3.6% to €1.916 billion. Total revenue, at €20.901 billion, rose by 2.3%. Sales remained stable in Europe, driven by energy drinks and Coca-Cola Zero. In the Asia-Pacific region, sales increased by 1%, with significant growth in Australia and Papua New Guinea.

Catalonia's richest woman enters the hotel business. Sol Daurella, president of Coca-Cola Europacific Partners, has purchased the building that houses the post office headquarters in Bilbao to open a hotel, as reported by [publication name missing]. ExpansionFormer footballer Gerard Piqué also expressed interest in developing the building as luxury accommodation. The property was put up for public auction last summer, with a starting price of €13.5 million. It is the most important Correos (Spanish postal service) building in the Basque capital. Located on Alameda de Urquijo street, it houses customer service and administrative departments, according to sources at the state-owned company speaking to ARA. The sale requires Correos to vacate the building before the end of December. The transaction was completed through Dauber Hotels, a real estate investment company managed by a Catalan businesswoman, for an undisclosed sum. The sale has sparked outrage from company unions, such as the CCOO branch, which criticizes the fact that it will pass "into private hands at a bargain price." "Real estate speculators will make a fortune at the expense of the public," the union warned months ago.

Coca-Cola bottler Europacific Partners (CCEP) announced this Wednesday an increase in sales and profits for the first six months of this year, but the improved results have not prevented the company's shares from plummeting on the Spanish stock market.

The former president of Planeta José Manuel Lara Bosch used to lament that Catalan companies often preferred to be "herring's head rather than hake's tail", that is, owning a small company rather than being part of a large corporation if they had to share control. But there are exceptions, and the Daurella family is one. In the last decade, the Cobega group (owned by this family) has gone from being a mere Spanish bottler of Coca-Cola to the largest shareholder of Coca-Cola European Partners (CCEP), the main bottler of this soft drink in the world. This expansion, moreover, is now experiencing a new leap forward with the more than likely purchase of Amatil, the company that bottles and distributes Coca-Cola in six countries, including Australia, New Zealand and, above all, an often ignored giant: Indonesia