Investor Relations

Bottling Investments Group (BIG)

Bottling Investments Group (BIG)

Bottling Investments Group

Our current footprint of bottlers exists in South East and South West Asia and parts of Africa. We continue to drive strong performance within BIG while maximizing the returns on our investments. We continue to aspire to be the world’s smallest bottler by looking for the right partner, at the right time, with the right value proposition.


2023 Highlights

  • Strong overall NARTD and sparkling value share gains in Philippines and India.
  • Three consecutive years of double-digit organic revenue growth.
  • BIG expanded operating margin year-over-year driven by top-line growth acceleration despite headwinds from refranchising bottling operations.
  • We continued to grow both volume and value share in total NARTD in India while continuing critical infrastructure projects to support growth in 2024 and beyond.
  • Successful refranchising of our Vietnam and Cambodia operations to a trusted partner in the region with tremendous capability. In early 2024, we completed the refranchising of our operations in the Philippines, Bangladesh and a portion of our operations in India.
  • We still intend to complete the IPO for CCBA once market conditions become more favorable.