Coca-Cola HBC, which bottles and sells drinks of the Coca-Cola Company in 28 markets, has posted a “strong start” to 2025, sparked by a strong performance in emerging markets and volume growth from its energy and sparkling drinks.

The drinks giant posted that its organic sales increased 10.6% in the first quarter of 2025, with volumes up 1.8%. It attributed its performance to further investment in its portfolio and energy volumes, which surged by 25.5%.

Examples include new innovations from the Monster brand, stronger distribution of Monster Energy Green Zero Sugar, and the introduction of local marketing activations.

Sparkling volumes also increased by 1.1%, as it continued to activate Coke & Meals campaigns across its markets. Meanwhile, Fanta and Sprite saw growth in the low-single digits and mid-single digits, respectively.

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Elsewhere, coffee volumes fared less well, declining 8.3%. The company said this fall was driven by Costa Coffee in the at-home channel, due to its decision to focus primarily on the out-of-home channel during this period.

Looking ahead, the company added it was reiterating its guidance for 2025, with a predicted organic sales growth of 6%-8%.

“We continued the positive momentum for our business as we report a strong start to the year, in a range of market conditions,” said chief executive Zoran Bogdanovic.

“Successful execution of our growth strategy has delivered organic revenue growth of 10.6% with increased volumes. The strength of our 24/7 portfolio and consistent investment behind our bespoke capabilities, combined with our segmented execution in the marketplace, have enabled us to deliver further revenue-per-case growth over the period.

“We expect the broader macroeconomic and geopolitical environment to remain challenging and unpredictable, but we have a proven track record of navigating through periods of volatility, supported by our portfolio, capabilities and people. We are reiterating our financial guidance for the year ahead and expect to make further progress against our medium-term growth targets.”