CCEP Coca Cola Europacific Partners plc

By Anthony O. Goriainoff

Coca-Cola European Partners PLC on Thursday reported a fall in 2020 pretax profit as revenue declined, and said it was unable to provide guidance for 2021 due to continuing uncertainty stemming from the coronavirus pandemic.

The London-listed beverage company said pretax profit was 695 million euros ($842.3 million), compared with EUR1.45 billion for 2019.

Operating profit--one of the company's preferred metrics--was EUR813 million, compared with EUR1.55 billion, the company said.

Revenue fell to EUR10.60 billion from EUR12.02 billion a year prior, it said.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

February 11, 2021 02:58 ET (07:58 GMT)

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