This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Manik 'Nik' Jhangiani (Photo: Business Wire)

Coca-Cola Enterprises (NYSE/Euronext Paris: CCE) today will discuss its plans and outlook with analysts and investors at the Barclays Back-to-School Conference in Boston at 9:45 a.m. ET. The public can access the presentation through the company’s website, www.cokecce.com.
Manik 'Nik' Jhangiani (Photo: Business Wire)

Manik 'Nik' Jhangiani (Photo: Business Wire)

John F. Brock, chairman of the board and chief executive officer, and Bill Douglas, executive vice president and chief financial officer, will deliver the remarks. In the presentation, CCE will affirm its current 2013 full-year guidance. CCE will also highlight that, effective November 1, 2013, Manik ‘Nik’ Jhangiani will become chief financial officer. Recently, Bill Douglas assumed additional responsibility for CCE’s supply chain organization and, following Nik’s appointment, Bill will continue to lead that organization reporting to Mr. Brock.

“This evolution in our leadership team demonstrates our deep bench of management talent. Bill’s experience, background, and capabilities will be valuable to our supply chain team and Nik is a talented finance executive who has a wealth of experience in the Coca-Cola system, making him a strong successor. Bill will remain a key member of our executive team and has been an outstanding partner to me. We have guided CCE through some of the most eventful years in our history, and generated significant shareowner value. While our leadership team evolves, our focus on and commitment to driving shareholder value remains,” Mr. Brock said.

FULL-YEAR 2013 OUTLOOK

CCE now expects 2013 comparable earnings per diluted share in the upper half of the previously stated range of $2.45 to $2.50, including a modest positive currency translation impact of less than 1 percent at recent rates. Full-year net sales are expected to grow in a low single-digit range versus prior year. Operating income is expected to grow in a low to mid-single-digit range. Guidance for net sales and operating income is comparable and currency neutral.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs