Coca-Cola European Partners revenue up 4.5%, announces one billion euros buyback
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(Reuters) - Coca-Cola European Partners on Thursday reported a 4.5% rise in annual revenue and said it expects that to grow in low-single digit in 2020, while also announcing a 1 billion euros (£841.1 million) share buyback.The world's largest independent bottler of Coca-Cola reported 2019 revenue of 12 billion euros and operating profit of 1.55 billion euros, up 6% on a comparable basis.