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Coca-Cola Amatil Provides Post Easter Public Holiday Trading Update

21 Apr 2017  |  10:04:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Coca-Cola Amatil - Post Easter Public Holiday Trading Update

Coca-Cola Amatil provided post easter public holiday trading update. Following the completion of the Easter holiday period in Australia and NZ, and given the previously announced on-market buy back initiatives commenced earlier in April 2017 the Company is providing a trading update. Trading in Australian Beverages for the year to date has been weaker than last year 2016 with all channels experiencing volume and price pressure due to competition and category trends. In February 2017, it announced an on-market share buyback program of $350m. It will not proceed with the on-market share buy back until opening of trading on 26 April 2017, subject to market conditions.

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