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Bottler Coca-Cola HBC sticks to annual forecast amid forex headwinds

(Reuters) -Coca-Cola HBC maintained its annual profit and sales forecasts on Tuesday as strong demand for the bottler's energy and coffee drinks offsets the impact of foreign exchange losses in key markets Nigeria and Egypt. The company said it expects foreign exchange losses of 50 million-60 million euros ($52.99 million-$63.59 million) to weigh on full-year comparable operating profit. In Nigeria, the company had done some currency hedging to protect against the impact of the naira's devaluation for the near term, Chief Finance Officer Ben Almanzar told Reuters in an interview.

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