Coca-Cola Amatil Maintains 2nd Half Growth Guidance, 3Q Solid Growth

Date : 11/03/2009 @ 6:05PM
Source : Dow Jones News
Stock : Coca-Cola Co. (KO)
Quote : 54.75  0.8 (1.48%) @ 8:00PM
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Coca-Cola Amatil Maintains 2nd Half Growth Guidance, 3Q Solid Growth

CANBERRA (Dow Jones)

Coca-Cola Amatil Ltd. (CCL.AU) Wednesday maintained its earnings guidance for high single-digit net profit growth in the second half as revenue and volume growth continued into the third quarter.

The beverage company also expects high single-digit growth in earnings before interest and tax in the second half ending Dec. 31, assuming summer trading conditions in Australia and New Zealand are "normal", it said in a statement.

The summer months of November and December account for around 20% of Coca-Cola Amatil's trading revenue.

-By Rachel Pannett, Dow Jones Newswires; 61-2-6208-0901; rachel.pannett@dowjones.com

 
 

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