Coca Cola HBC posts first profit rise for three years
date:Feb 17, 2014
group's drinks in 28 countries in Europe and Nigeria.

Volume dropped 1 percent to 2.061 billion unit cases, at the high end of market expectations, as austerity in Greece and Italy was partly offset by growth in emerging markets, such as Russia and Nigeria.

Operating profit was stable at 454 million euros, as significant cost savings offset currency losses. CC HBC said operating profit margin improved for the first time in the past three years.

Based on these results and against the backdrop
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