In Y2023 Coca-Cola improves its financial performance in Ukraine

2 January 2024

In Y2023 Coca-Cola Ukraine is to largely improve its financial performance - revenues, operating and net income.

According to the interim financial reporting of the Coca-Cola Ukraine company for the first nine months of 2023, its revenue increased significantly compared to the corresponding period of 2022 and amounted to more than UAH 10 billion.

For the whole U2022, the company's revenue from operations in Ukraine amounted to UAH 8.4 billion (-9% vs. 2021), so it can be expected that for the whole of 2023 this figure will increase by 60-70% y-o-y.

Coca-Cola Ukraine revenues 2022

The profitability figures of Coca-Cola Ukraine will also increase significantly. According to our expectations, from this point of view, 2023 will be the best year for Coca-Cola in the entire history of its operations in Ukraine.

In 2021, the net profit of Coca-Cola Ukraine was UAH 252 million, in 2022 – UAH 43 million.

Speaking about global level, consolidated revenues of Coca-Cola for the first nine months of 2023 amounted to almost $35 billion (+6% compared to the corresponding period of 2022), consolidated net profit - $8.7 billion ($7.5 billion for the first nine months of 2022).