Coca-Cola's leading bottler Coca Cola HBC AG said on Monday it expects annual revenue growth over the next six years at around six per cent, while pointing to margin growth below estimates for fiscal year 2020.
The company, which sells Coca-Cola drinks in 28 countries, said it expects comparable earnings before income tax (EBIT) margin of 11pc by 2020, below analysts' average estimate of 11.2pc, according to company compiled consensus.
Coca Cola HBC forecast comparable EBIT margin to rise by 20-40 basis points on an average beyond fiscal year 2020.
The company said its average annual revenue growth rate up to 2025 is expected to be in the range of 5pc-6pc on a currency-neutral basis.
The forecast comes ahead of an investor event in London later on Monday where the company will present its strategy to investors and analysts.
The FTSE-100 company's shares were down 1.1pc at 1143 GMT.