Coca-Cola Amatil: Interim Result 2014

At $9 Coca-Cola Amatil’s share price is back to levels not seen since the GFC, as the company’s interim result was every bit as bad as expected. In Australia revenue fell 0.5% to $1,364m compared to the same period last year, but with slightly higher volumes failing to offset lower prices operating profit slumped 14.1% to $227m.This is by far the company’s most important division, but Indonesia – widely touted as the company’s future growth engine – barely produced an operating profit as costs exploded due to the fall in the Indonesian Rupiah. In case there was any confusion, Coca-Cola...

At $9 Coca-Cola Amatil’s share price is back to levels not seen since the GFC, as the company’s interim result was every bit as bad as expected. In Australia revenue fell 0.5% to $1,364m compared to the same period last year, but with slightly higher volumes failing to offset lower prices operating profit slumped 14.1% to $227m.

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