February 13, 2020 / 7:33 AM / in 2 months

Coca-Cola European Partners revenue up 4.5%, announces 1 bln euros buyback

Feb 13 (Reuters) - Coca-Cola European Partners on Thursday reported a 4.5% rise in annual revenue and said it expects that to grow in low-single digit in 2020, while also announcing a 1 billion euros ($1.09 billion) share buyback.

The world's largest independent bottler of Coca-Cola reported 2019 revenue of 12 billion euros and operating profit of 1.55 billion euros, up 6% on a comparable basis.

$1 = 0.9197 euros Reporting by Yadarisa Shabong in Bengaluru; Editing by Arun Koyyur

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