Focus – AUS: Coca-Cola Amatil eyes Indonesia growth
Coca-Cola Amatil has said it expects to achieve double-digit volume growth in its Indonesian market as it looks to build on a 16.4% rise in full-year group profits for 2009.
Coca-Cola Amatil has said it expects to achieve double-digit volume growth in its Indonesian market as it looks to build on a 16.4% rise in full-year group profits for 2009.
Speaking at the firm’s earnings conference today (17 February), Coca-Cola Amatil managing director Terry Davis said that the firm hopes to achieve double-digit volume growth as a “minimum”.
“A lot depends on what happens to the inflation rates in Indonesia, which characteristically is between 8-12%,” Davis told analyst.
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