European soft drinks growth slows as volumes normalise, Jefferies says
According to Jefferies, European soft drinks value growth slowed to 4.6% in the four weeks to 6 September, down from 12.0%, as volume growth moderated sharply from 9.2% to 1.4%. Price and mix contributions rose to 3.2% from 2.8%, with favourable weather cited as a support.
Why it matters — The moderation in European soft drinks growth signals normalising volumes after a period of strong expansion, which is relevant context for CCEP's regional sales performance.