Coca-Cola Europacific Partners (CCEP) is poised to enter the FTSE 100, just days after the business revealed its sales had surged in 2024.

According to global index provider FTSE Russell, indicative data shows the drinks giant is set to move from FTSE 250 to FTSE 100.

The shift, which will only be confirmed after market close on 5 March, follows CCEP announcing “another solid year”, boosted by price rises.

For the full year ended 31 December 2024, sales increased 11.7% to €20.4bn (£16.9bn) as the company said it continued to deliver more sales growth for retail customers in key markets than any FMCG rivals.

Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning

CCEP chief executive Damian Gammell said: “We’ve grown share ahead of the market, created value for our customers, delivered underlying volume growth and gains in revenue per unit case through revenue and margin growth management.

“Actively managing pricing and promotions across our broad pack offering ensures we are relevant to all consumers, while driving profitable revenue growth.”

Looking ahead, CCEP expects sales to grow around 4% in 2025, with operating profit of 7%.

Gammell added: “We are well placed for 2025 and beyond in categories that are growing, with strong investment and commercial plans in place to drive growth. We are confident that we have the right strategy, done sustainably to deliver on our mid-term growth objectives.”