If you'd invested in: Coca-Cola HBC and Kingfisher
Drinks bottler Coca-Cola HBC has seen revenues and profits rise, but DIY chain Kingfisher is in need of some improvement.
If only...
Coca-Cola HBC (LSE: CCH) is one of the bottlers in the Coca-Cola system, operating plants in Europe, Africa and Asia. The FTSE 100 firm produces, sells and distributes a wide range of non-alcoholic beverages, including sparkling drinks, juice, water, tea and coffee. For the six months to 30 June, sales revenue grew 5.6% to £2.9bn compared with the same period a year earlier, while operating profit was up 26.8% to £262.9m.
Be glad you didn't
Kingfisher (LSE: KGF) is a pan-European home improvement chain. The group reported a dip in sales in the second quarter as a result of persistent weakness in its French market and disruption to its restructuring plans. The company, which owns chains such as B&Q and France's Castorama, saw group-wide like-for-like sales fall by 1.9% year-on-year to £3.14bn in the three months to June.
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Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
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