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Coca-Cola Amatil set on stabilising earnings despite Woolworths, Coles price war

2015-05-12 07:34:46| Beverages - Topix.net

Coca-Cola Amatil CEO Alison Watkins: "Our business has quite a lot of seasonal variation, our profitability is very much weighted towards the warmer months..." Coca-Cola Amatil chief executive Alison Watkins is intent on steadying earnings this year even though increasing price competition in supermarkets has made it harder to lift soft drink and bottled water prices. In a break from tradition, Coca-Cola Amatil did not issue a trading update at its annual meeting in Sydney on Tuesday, but Ms Watkins said she was comfortable with profit targets unveiled late last year and was confident that earnings per share would stabilise in 2015 before returning to mid-single digit growth over the next few years.

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