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Coca-Cola Amatil profit slumps 25 pc as soft drink sales drop

2015-02-17 00:11:16| Beverages - Topix.net

CCA has cut 400 jobs as part of a plan to reduce costs by $100 million over three years and reinvest the savings into the business. Coca-Cola Amatil has posted its lowest profit for eight years, with underlying net profit falling 25.3 per cent to $375.5 million in 2014 as CCA's soft drink brands lost sales and market share in supermarkets and convenience outlets in Australia and Indonesia.

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