Coca-Cola Enterprises (NYSE: CCE) today said second quarter business
trends are broadly in line with expectations and affirmed its full-year
2009 earnings guidance of $1.24 to $1.29 per share. This guidance
excludes one-time, nonrecurring items and includes an estimated 20-cent
per share negative impact from currency translation based on recent
rates.
CCE is providing this update to its 2009 business performance in advance
of an analyst presentation at the Goldman Sachs Consumer Products
Symposium. Chairman and Chief Executive Officer John F. Brock and
Executive Vice President and Chief Financial Officer Bill Douglas will
participate in the conference.
The company’s presentation to the Goldman Sachs conference is planned
for approximately 4:10 p.m. ET today, May 14. The public can access a
live webcast of the presentation through the company’s web site, www.cokecce.com.
Coca-Cola Enterprises Inc. is the world’s largest marketer, distributor,
and producer of bottle and can liquid nonalcoholic refreshment. CCE
sells approximately 80 percent of The Coca-Cola Company’s bottle and can
volume in North America and is the sole licensed bottler for products of
The Coca-Cola Company in Belgium, continental France, Great Britain,
Luxembourg, Monaco, and the Netherlands. For more information about our
company, please visit our website at www.cokecce.com.
FORWARD-LOOKING STATEMENTS
Included in this news release are forward-looking management comments
and other statements that reflect management’s current outlook for
future periods. As always, these expectations are based on currently
available competitive, financial, and economic data along with our
current operating plans and are subject to risks and uncertainties that
could cause actual results to differ materially from the results
contemplated by the forward-looking statements. The forward-looking
statements in this news release should be read in conjunction with the
risks and uncertainties discussed in our filings with the Securities and
Exchange Commission, including our most recent annual report on Form
10-K and subsequent SEC filings.
Coca-Cola Enterprises
Investor Relations
Thor
Erickson, 770-989-3110
or
Media Relations
Laura
Brightwell, 770-989-3023
