Press release from Business Wire
CCE Presents at Deutsche Bank Investor Conference, Affirms Full-Year 2014 Guidance
Wednesday, June 18, 2014
CCE Presents at Deutsche Bank Investor Conference, Affirms Full-Year 2014 Guidance01:00 EDT Wednesday, June 18, 2014
ATLANTA (Business Wire) -- Coca-Cola Enterprises (NYSE: CCE) (Euronext Paris: CCE) will discuss its plans and outlook with investors today at the Deutsche Bank Global Consumer Conference in Paris at 10:45 a.m. ET (4:45 p.m. CET). The public can access the presentation through our website, www.cokecce.com.
John F. Brock, chairman and chief executive officer, and Nik Jhangiani, senior vice president and chief financial officer, will deliver the remarks.
In the presentation, CCE will affirm 2014 full-year guidance, including earnings per diluted share growth of approximately 10 percent, net sales growth in a low single-digit range, and operating income growth in a mid-single-digit range. This guidance is comparable and currency neutral. Based on recent rates, currency translation would benefit full-year 2014 earnings per share by approximately 5 percent.
Coca-Cola Enterprises, Inc. (CCE) is the leading Western European marketer, producer, and distributor of non-alcoholic ready-to-drink beverages and one of the world's largest independent Coca-Cola bottlers. CCE is the sole licensed bottler for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. We operate with a local focus and have 17 manufacturing sites across Europe, where we manufacture nearly 90 percent of our products in the markets in which they are consumed. Corporate responsibility and sustainability is core to our business, and we have been recognized by leading organizations in North America and Europe for our progress in water use reduction, carbon footprint reduction, and recycling initiatives. For more information about our company, please visit our website at www.cokecce.com and follow us on twitter at @cokecce.
Included in this news release are forward-looking management comments and other statements that reflect management's current outlook for future periods. As always, these expectations are based on currently available competitive, financial, and economic data along with our current operating plans and are subject to risks and uncertainties that could cause actual results to differ materially from the results contemplated by the forward-looking statements. The forward-looking statements in this news release should be read in conjunction with the risks and uncertainties discussed in our filings with the Securities and Exchange Commission (“SEC”), including our most recent Form 10-K and other SEC filings.
Coca-Cola Enterprises, Inc.
Thor Erickson, +1 (678) 260-3110
Fred Roselli, +1 (678) 260-3421
European Media Relations
Lauren Sayeski, + 44 (0) 1895 844 300