Coca-Cola Europacific Partners PLC at UBS Global Consumer and Retail Conference Transcript

Mar 14, 2024 / 05:00PM GMT
Unidentified Analyst -

Okay. Great. Welcome, Nik. Thanks for taking the time out to be with us today at the UBS Consumer Conference. I think we'll get right to it.

Manik H. Jhangiani - Coca-Cola Europacific Partners PLC - CFO

Great. Thank you for having me.

Questions and Answers:

Unidentified Analyst -

Love to start on Europe. Last year, the European consumer took quite a lot of pain from significant pricing to offset cost inflation, volumes were negatively impacted across many categories, albeit more resilient for soft drinks. Just love to get your take on how you think about stated consumer and the volume outlook in 2024, just putting aside the weather comparatives for one moment.

Manik H. Jhangiani - Coca-Cola Europacific Partners PLC - CFO

Yes. I mean I think -- listen, we've all been pleasantly surprised and pleased with the resilience of our category. NARTD as a whole has been very resilient relative to other FMCGs. And if you look at sparkling in particular, it has really held
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