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Income Statement (NONE)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 9.92B | 6.4% |
| Gross Profit | 3.44B | 0.3% |
| Cost of Revenue | 6.48B | 10.3% |
| Operating expense | 2.14B | 7% |
| Net Income | 804M | 1.3% |
| EBITDA | 1.75B | 32.1% |
Balance Sheet (NONE)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 32.1B | 9.8% |
| Total Liabilities | 23.1B | 8.6% |
| Total Equity | 8.53B | 7% |
| Shares Outstanding | 460M | 0% |
Cash Flow (NONE)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.04B | 30.4% |
| Cash from financing | 461M | 149.6% |
Financial Highlights for Coca-Cola Europacific Partners in Q2 '24
Coca-Cola Europacific Partners reported a revenue of 9.92B, which is a 6.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 3.44B, marking a -0.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 6.48B, a 10.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.14B, showing a -7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 804M, showing a -1.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.75B, showing a 32.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Coca-Cola Europacific Partners faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
