Coca-Cola Europacific Partners

SAP Announces Q1 2024 Results

Retrieved on: 
Monday, April 22, 2024
Cloud, AI, HR, Partnership, Infrastructure as a service, Unico, Growth, LyondellBasell, Vaillant Group, Commerce, NVIDIA, Annual report, SAP, Sumitomo Heavy Industries, ZF Friedrichshafen, Tax, Public Power Corporation, The Blind, Visa, Platform as a service, ERP, MTN, House, Dell, Supervisory board, Aldo Group, Moody's Investors Service, Teleology, Sky, Curtiss-Wright, Coca-Cola Europacific Partners, Software as a service, APJ, Platform, Share repurchase, AGM, Cintas

IFRS operating profit in the first quarter was impacted by a €2.2 billion restructuring provision associated with the 2024 transformation program.

Key Points: 
  • IFRS operating profit in the first quarter was impacted by a €2.2 billion restructuring provision associated with the 2024 transformation program.
  • As of March 31, 2024, SAP had repurchased 10,024,841 shares at an average price of €137.62 resulting in payouts of approximately €1.38 billion under the program.
  • In 2024, SAP is further increasing its focus on key strategic growth areas, in particular business AI.
  • Reflecting re-investments into strategic growth areas, SAP expects to exit 2024 at a headcount similar to year-end 2023.

HGTV SMART HOME GIVEAWAY 2024 IN ATLANTA, GEORGIA, NOW OPEN FOR ENTRIES

Retrieved on: 
Friday, April 19, 2024
Sherwin-Williams, EQE, EGO, Nature, Mercedes-Benz USA, HGTV, Georgia Aquarium, Heart, LL Flooring, History, Home automation, Culture, Light, U.S. Steel, Coca-Cola Europacific Partners, Mercedes-Benz, Whirlpool Corporation, KitchenAid, Southern United States, Interior design

NEW YORK, April 19, 2024 /PRNewswire/ -- Beginning at 9 a.m. ET today, April 19, 2024, through 5 p.m. ET on June 10, 2024, fans can enter for their chance to win the HGTV® Smart Home 2024 located in Atlanta, Georgia. The prize package, valued at over $1 million, includes a newly renovated, fully furnished home, an all-new, all-electric EQE SUV from Mercedes-Benz and $150,000. Eligible fans can enter daily at HGTV.com/Smart and FoodNetwork.com/HGTVSmart, where they will also find full details and the official rules, as well as additional home features.

Key Points: 
  • ET on June 10, 2024, fans can enter for their chance to win the HGTV® Smart Home 2024 located in Atlanta, Georgia.
  • The prize package, valued at over $1 million, includes a newly renovated, fully furnished home, an all-new, all-electric EQE SUV from Mercedes-Benz and $150,000.
  • This year's HGTV® Smart Home has all this and more to make your life simpler and smarter, redefining comfort and convenience.
  • Viewers can tune-in to the one-hour special HGTV Smart Home 2024 on April 19 at 7pm on HGTV, HGTV GO, Max and discovery+.

CP Group Rebrands Downtown Atlanta’s Former CNN Center to ‘The Center,’ Launches Office and Retail Leasing

Retrieved on: 
Thursday, April 4, 2024
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Interior Design, CBRE, Interior, Congress Center, Culture, CNN Center, Sport, Coca-Cola Europacific Partners, Human rights, Centennial, Sale, Charoen Pokphand, Centennial Olympic Park, Georgia Aquarium, Senior, City, CNN, AT&T, Heart, Commerce, State Farm Arena, Summer Olympic Games, Multimedia, Mercedes-Benz Stadium

CP Group , a vertically-integrated commercial real estate and management firm, today announced the repositioning of the renowned 1.2 million-square-foot CNN Center, which is now available for office and retail leasing.

Key Points: 
  • CP Group , a vertically-integrated commercial real estate and management firm, today announced the repositioning of the renowned 1.2 million-square-foot CNN Center, which is now available for office and retail leasing.
  • Rebranded as “The Center,” the mixed-use development is set to become a hub of world-class retail, dining, content creation, and entertainment at the core of downtown Atlanta’s entertainment district.
  • Coleman Weatherholtz of Healey Weatherholtz Properties is the retail leasing agent, while Jeff Keppen and Nicole Goldsmith of CBRE are The Center’s exclusive office leasing agents.
  • For leasing opportunities or further information, contact Coleman Weatherholtz of Healey Weatherholtz Properties (retail) or Jeff Keppen and Nicole Goldsmith of CBRE (office).

ZeoDAC Launches Innovative Carbon Capture Technology

Retrieved on: 
Tuesday, March 26, 2024
Environmental Health, Steel, Research, Chemicals, Plastics, Sustainability, Manufacturing, Nuclear, Climate Change, Environment, Venture Capital, Utilities, Oil, Gas, Green Technology, Coal, Alternative Energy, Energy, Professional Services, Mining, Minerals, Science, Natural Resources, Carbon, Direct air capture, Georgia Tech, Coca-Cola Europacific Partners, CO2, DAC, Chemical engineering, Water, NPV

ZeoDAC , Inc., an exciting new technology entrant into the direct air capture of carbon dioxide arena, announced the company launch.

Key Points: 
  • ZeoDAC , Inc., an exciting new technology entrant into the direct air capture of carbon dioxide arena, announced the company launch.
  • ZeoDAC’s mission to Capture Carbon Dioxide from Air to Create a Better Tomorrow employs advantaged solid materials (best in class zeolites) to capture carbon in a process that enables rapid scale up for efficient, direct air carbon capture (DAC) with a diverse end-product strategy.
  • ZeoDAC, Inc. launches with an international group of investment partners that include: Wilson Hill Ventures, Caltech, Coca-Cola Europacific Partners, Freeflow Ventures and Global Brain.
  • By combining these innovations and expertise, ZeoDAC aims to provide a compelling economic advantage for large-scale, commercial carbon capture and use.

Oceana: Future of returnable bottle packaging at risk following the sale of Coca-Coca Philippines

Retrieved on: 
Monday, February 26, 2024
Acquisition, Senior, Coca-Cola, Aboitiz Equity Ventures, CCPI, Research, News, Sale, CCEP, Whale, City, Drink, Supermarket, Recycling, Shark, Coca-Cola Europacific Partners, PET, Turtle, Bottled water

MANILA, Philippines, Feb. 26, 2024 (GLOBE NEWSWIRE) --  Oceana released the following statement from its leader in the Philippines Atty.

Key Points: 
  • MANILA, Philippines, Feb. 26, 2024 (GLOBE NEWSWIRE) --  Oceana released the following statement from its leader in the Philippines Atty.
  • “CCEP and Aboitiz Equity Ventures, as the new owners of Coca-Cola Philippines, must address the Philippines’ growing plastic problem by committing to protecting and increasing the use of returnable bottles in the Philippines.
  • Any reduction in the share of returnable bottles sold could have a catastrophic impact on the Philippines' rapidly worsening plastic pollution crisis.
  • Coca-Cola has failed, in the Philippines, to prioritize or promote reusable packaging such as returnable bottles, despite strong evidence that doing so could reduce single-use plastics.

Enterprise AI Software Leader SymphonyAI’s Retail CPG ARR Grew More Than 30% Through AI Innovations That Expanded Software to 80,000 Additional Retail Stores

Retrieved on: 
Thursday, January 11, 2024
Supply Chain Management, Online Retail, Retail, Technology, Software, Artificial Intelligence, REMA 1000, Rimi Baltic, Public key certificate, Forecasting, NRF, CPG, Save Mart Supermarkets, Acquisition, REMA, Save-A-Lot, Scotmid, Coca-Cola Europacific Partners, Growth, Fast-moving consumer goods

SymphonyAI , a leader in predictive and generative enterprise AI SaaS applications, delivered rapid growth in its retail CPG vertical in 2023.

Key Points: 
  • SymphonyAI , a leader in predictive and generative enterprise AI SaaS applications, delivered rapid growth in its retail CPG vertical in 2023.
  • The growth also reflects deepening strategic muti-year relationships major industry leaders including Metro Digital GmbH , Rimi Baltic , Intermarché, and REMA 1000 .
  • This growth is primarily attributed to innovative AI-driven products and advanced AI models in retail and CPG.
  • SymphonyAI Retail CPG President Manish Choudhary said, “2023 marked a year of extraordinary growth and global expansion for our team.

Coca-Cola Europacific Partners Selects MRI Software to Simplify Multi-Regional and Multi-Language Lease Management

Retrieved on: 
Monday, October 30, 2023
Coca-Cola Europacific Partners, Partner, MRI Software, Horizon, BPT, Software, Security (finance)

LONDON, Oct. 30, 2023 /PRNewswire/ -- Coca-Cola Europacific Partners, which brings together the European and Asia Pacific regions of the Coca-Cola bottling company, has selected MRI Software's Horizon solution to manage its rental and lease portfolio. MRI Horizon is an innovative real estate cloud solution used by leading occupiers in the private and public sectors to manage complex lease portfolios, improve business performance, and reduce operational risk.

Key Points: 
  • The company's existing lease management system did not meet the new multiregional and multicurrency requirements and could not deliver the integration capabilities that Coca-Cola Europacific Partners required.
  • By selecting Horizon, Coca-Cola Europacific Partners can better control its complex lease portfolio, increasing visibility, reducing risk, and eliminating errors that could cost it millions.
  • "At MRI Software, we know that complex lease portfolios spanning geographies, languages, and currencies are not just an integration headache.
  • "We are excited to help Coca-Cola Europacific Partners simplify the management of its lease portfolio and achieve unparalleled efficiencies."

ENTERPRISE AI LEADER SYMPHONYAI TURNS PROFITABLE ON ACCELERATING CUSTOMER AND REVENUE GROWTH

Retrieved on: 
Wednesday, October 4, 2023
Software as a service, Coca-Cola Europacific Partners, PALO, CPG, ARR, Save-A-Lot, Growth, Save Mart Supermarkets, Dairy

PALO ALTO, Calif., Oct. 4, 2023 /PRNewswire/ -- SymphonyAI, a leader in predictive and generative enterprise AI SaaS, today announced that it expects 2023 revenue run rate to approach $500M. The accelerating revenue growth reflects SymphonyAI's execution of its strategy to rapidly build the leading enterprise AI SaaS company. SymphonyAI software products combine advanced predictive and generative AI to deliver insights, transform workflows, and boost worker productivity in retail, CPG, financial services, industrial manufacturing, and IT systems/enterprise management.

Key Points: 
  • The accelerating revenue growth reflects SymphonyAI's execution of its strategy to rapidly build the leading enterprise AI SaaS company.
  • SymphonyAI software products combine advanced predictive and generative AI to deliver insights, transform workflows, and boost worker productivity in retail, CPG, financial services, industrial manufacturing, and IT systems/enterprise management.
  • "SymphonyAI is the innovation leader using the most advanced generative AI technologies in our vertical applications.
  • As SymphonyAI enriches its product portfolio with SaaS AI, combining predictive and generative AI applications and copilots, the company continues growth with strategic customers, many of whom have been in multi-year relationships with SymphonyAI.

AXA XL to host live webinar to discuss climate change's impact water resources during Climate Week NYC

Retrieved on: 
Friday, September 15, 2023
Nexus, Climate, The Coca-Cola Company, Senior, Coca-Cola Europacific Partners, Climate Week NYC, Finnish Association for Nature Conservation, AXA, Water, Risk management, P&C, Axa XL, CCEP, Organization, Climate change, Global Sustainability Assessment System, XL, The Nature Conservancy, Renewable energy, Reinsurance

The live webinar -- The Climate Water Nexus: Why Water-Related Risk is an Important Part of Climate Strategies – will be held Monday, September 18, at 10:30 a.m. Registration is open to the public. 

Key Points: 
  • The live webinar -- The Climate Water Nexus: Why Water-Related Risk is an Important Part of Climate Strategies – will be held Monday, September 18, at 10:30 a.m.
  • According to AXA XL's Global Sustainability Director Suzanne Scatliffe, "Water is heavily impacted by climate change but frequently, water issues are not appropriately addressed in climate risk management.
  • David Rawe, Director of Risk Management, Las Vegas Valley Water District, a global leader in water distribution for Southern Nevada.
  • Ellen Shaddock, Sustainability Project Manager, who has been leading on AXA XL's Valuing Water initiative for the last three years.

Oceana Calls on Coca-Cola Europacific Partners to Safeguard and Grow Reuse in Advance of Proposed Acquisition of Coca-Cola Philippines

Retrieved on: 
Wednesday, September 6, 2023
Coca-Cola Beverages Philippines, Plastic, Coca-Cola Europacific Partners, Turtle, Sale, Shark, CCEP, Biodiversity, Whale, Acquisition, AEV, Knowledge, Ecosystem, Health, Letter, Coca-Cola, Glass, Bottled water, Propane, Aquaculture

WASHINGTON, D.C., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Oceana, the largest international advocacy organization focused solely on ocean conservation, formally requested that Coca-Cola Europacific Partners (CCEP) commit to increase, and not decrease, the share of refillable bottles sold in the Philippines in light of the company’s proposed acquisition of Coca-Cola Beverages Philippines with Aboitiz Equity Ventures Inc. (AEV). In a letter to the companies’ leaders, Oceana expressed concern for CCEP’s lack of a specific commitment and goal for growing the share of products it sells in reusable containers.

Key Points: 
  • Oceana calls on CCEP to commit to reuse to protect the oceans from single-use plastic pollution.
  • “We believe this commitment is critical for protecting the health of the oceans,” wrote Oceana’s Senior Vice President Matt Littlejohn and Oceana’s Vice President in the Philippines Atty.
  • Refillable bottles get reused as many as 25-50 times, depending on what material they are made of (plastic or glass).
  • Oceana is rebuilding abundant and biodiverse oceans by winning science-based policies in countries that control one-quarter of the world’s wild fish catch.