Market report: Coca-Cola HBC fizzes on solid update

Shares in Coca-Cola Hellenic Bottling Company popped higher after analysts praised its first-half results. Sales held up decently during the first half, although a switch to at-home drinking hit its bottom line. The FTSE 100 group – which produces and distributes Coca-Cola Company drinks in Europe and parts of Africa – saw sales revenues slip 15.5pc to €2.83bn (£2.59bn) over the six-month period. Its profit before tax fell from €260.8m to €167.2m. It said profits