AUSTRALIA: CC Amatil sticks by earnings guidance
Coca-Cola Amatil, the Australian soft drinks company, expects its first half net profits to jump by between 10 and 15%, thanks to strong performances in Australia and New Zealand. "Strong EBIT (earnings before interest and tax) performances in Australia and New Zealand are expected to offset weakness in South Korea and Indonesia," managing director Terry Davis said in a statement issued at the start of the company's annual meeting of shareholders.
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