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Article: AUSTRALIA'S COCA COAL AMATIL MAINTAINS H2 EARNINGS GUIDANCE.

Article from:
AsiaPulse News
Article date:
November 4, 2009
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MELBOURNE, Nov 4 Asia Pulse - Australia's Coca-Cola Amatil Ltd (CCA) (ASX:CCL) reiterated its earnings guidance for the second half of 2009 after reporting solid third quarter revenue and volume growth across all business units.

CCA said on Wednesday it is confident its previous guidance of high single digit growth in both earnings before interest and tax (EBIT) and net profit after tax for the second half will be achieved.

The guidance assumes a normal summer trading season in Australasia in November and December which account for around 20 per cent of the company's trading revenue.

CCA said its Australian beverage business achieved solid ...

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