Coca Cola Enterprises (CCE), the UK arm of the soft drinks giant, has reported a 0.9% rise in pre-tax profits to £258.7m in the year to 31 December 2012 on turnover up 1.7% to £1.8bn.
Operating profit grew 2.1% to £252m.
CCE said shareholder funds decreased by 2.7% to £477.5m due to the payment of 2012 dividends and the adverse movement on the company’s pension scheme and share-based payment reserve.
Dividends of £186m were paid (2011: £27.1m).
The company said it expected the majority of the restructuring programme for sales and marketing, finance and supply chains to be completed by the date of the report (19 September 2013).
