AUSTRALIA: Coca-Cola Amatil confirms profit target

By just-drinks.com editorial team | 13 June 2002

Australian soft drinks group, Coca-Cola Amatil, has said it believes it is still on target to post full-year net profit growth at the upper end of its 10% to 15% forecast. The company, which is 35%-owned by Coca-Cola Co., said gains from asset sales in 2002 would be slightly ahead of exceptional charges in respect of company restructuring.

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Australian soft drinks group, Coca-Cola Amatil, has said it believes it is still on target to post full-year net profit growth at the upper end of its 10% to 15% forecast. The company, which is 35%-owned by Coca-Cola Co., said gains from asset sales in 2002 would be slightly ahead of exceptional charges in respect of company restructuring.

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