Coca-Cola Amatil (CCL) Interim Result: volume growth across all regions
CCL continues to target a return to mid single-digit growth in earnings per share over the next few years with no further decline expected after 2014. Some of the CCL divisional highlights were: Australian Beverage volumes up 2.8%, EBIT down 6.1% to $222.2m, EBIT margin down 1.1%pts to 16.5%, NZ & Fiji volumes up 8.5%. EBIT up 9.9% to $44.3m, EBIT margin up 0.1% pts to 17.8% and Indonesia and PNG volumes up 7.7%. EBIT up 46.4% to $22.4m, EBIT margin up 1.1% pts to 4.6%. Net operating cash flow down 37% to $161m. Read the full summary here: (VIEW LINK)
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Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
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