AUSTRALIA: Amatil posts 20% profit gain
By just-drinks.com editorial team | 13 February 2003
The soft drinks group, Coca-Cola Amatil, reported a net profit before one-off items for 2002 of A$205.5m, 20% up on A$171m the year before and ahead of Amatil's own forecast. The company said the result was boosted by cost savings and the launch of new products such as Vanilla Coke in Australia. Amatil has also forecast a 10% to 15% increase in net profit for 2003.
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The soft drinks group, Coca-Cola Amatil, reported a net profit before one-off items for 2002 of A$205.5m, 20% up on A$171m the year before and ahead of Amatil's own forecast. The company said the result was boosted by cost savings and the launch of new products such as Vanilla Coke in Australia. Amatil has also forecast a 10% to 15% increase in net profit for 2003.
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