Coca-Cola HBC publishes transcript of Egypt Bitesize investor event

• Coca-Cola HBC AG held a Bitesize investor event in Cairo on Egypt, attended by the CEO, group CFO, COO, Egypt GM, Egypt CFO, and IR head.
• Management flagged Egypt as 11% of group volumes, the third-largest market, citing sustained growth potential from demographics and low per-capita consumption.
• COO said the sparkling share gap to Pepsi narrowed to 5 percentage points from 13 in 2022, despite boycotts and currency volatility.
• Egypt GM said local brands gained share during boycotts but are now declining; reiterated a medium-term target to become Egypt’s No. 1 player.
• Egypt CFO cited a 350-basis-point gross margin expansion since 2022; management guided to double-digit organic revenue growth with consistent annual margin improvement.

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