Notwithstanding the encouraging results of the third quarter, we see the overall macroeconomic volatility and input cost pressures persisting. The environment in which we operate remains very challenging, particularly across our established markets. We remain focused on delivering on our strategic priorities: strengthening our leadership position in the marketplace, driving revenue growth and executing on our cost optimization and process efficiency plans.
In addition, our business continues to generate significant free cash flow, enabling us to invest in sustainable growth, thus creating long-term value for our shareholders. The recently announced voluntary share exchange offer by Coca-Cola HBC AG will facilitate a premium listing of the Group on the London Stock Exchange and forms part of our commitment to enhance shareholder value. It reflects the international nature of our business, as well as our shareholder base. At the same time it will give us access to the largest pool of international investors, on the most liquid equity market in Europe providing flexibility to fund our future growth on competitive terms."
SOURCE Coca-Cola Hellenic Bottling Co SA
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